The Law Offices of Frank R. Cruz Announces Investigation of DMC Global Inc. (BOOM) on Behalf of Investors
DMC Global Inc. (BOOM)
Last dmc global inc. earnings: 4/23 04:05 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of DMC Global Inc. (“DMC” or the “Company”) (NASDAQ: BOOM) on behalf of investors concerning the Company’s possible violations of federal securities laws.If you are a shareholder who suffered a loss, click here to participate.On October 21, 2024, DMC disclosed that it was “revising its guidance” for the quarter ended September 30, 2024, stating that the Company’s adjusted EBITDA is now expected to be approximately $5 million, down from prior guidance for $15-18 million, and that the third quarter financial results “will include inventory and bad debt charges at DynaEnergetics totaling approximately $5 million, as well as lower fixed overhead absorption on reduced sales at both Arcadia and DynaEnergetics.” Further, the Company revealed that the financial results will include an approximate $142 million non-cash goodwill impairment charge “associated with DMC’s December 2021 acquisition of a co
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BOOM
News
- DMC Global Inc. (NASDAQ: BOOM) was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating. They now have a $8.00 price target on the stock, down previously from $16.00.MarketBeat
- DMC Global Inc. (NASDAQ: BOOM) was downgraded by analysts at Stifel Nicolaus from a "buy" rating to a "hold" rating. They now have a $8.00 price target on the stock, down previously from $16.00.MarketBeat
- DMC Global Inc. (NASDAQ: BOOM) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- DMC Global Announces Michael Kuta to Retire as President, CEO and Director; Executive Chairman James O’Leary Will Serve as Interim President & CEOGlobeNewswire
- DMC Global Inc. (NASDAQ: BOOM) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
BOOM
Earnings
- 11/4/24 - Miss
BOOM
Sec Filings
- 11/19/24 - Form 8-K
- 11/15/24 - Form 4
- 11/15/24 - Form 4
- BOOM's page on the SEC website