BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — DMC Global Inc. (BOOM) on Tuesday reported a second-quarter loss of $4.8 million, after reporting a profit in the same period a year earlier.
The Broomfield, Colorado-based company said it had a loss of 24 cents per share. Earnings, adjusted for non-recurring costs, were 12 cents per share.
The diversified holding company posted revenue of $155.5 million in the period.
For the current quarter ending in September, DMC Global said it expects revenue in the range of $142 million to $150 million.
DMC Global shares have increased 11% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $8.19, a decline of 33% in the last 12 months.
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