U.S. Markets closed

DMC Global: 3Q Earnings Snapshot

BROOMFIELD, Colo. (AP) _ DMC Global Inc. (BOOM) on Thursday reported third-quarter profit of $6.9 million.

On a per-share basis, the Broomfield, Colorado-based company said it had profit of 46 cents. Earnings, adjusted for restructuring costs, were 90 cents per share.

The diversified holding company posted revenue of $100.1 million in the period.

For the current quarter ending in December, DMC Global said it expects revenue in the range of $92 million to $97 million.

The company expects full-year earnings in the range of $3.65 to $3.80 per share.

DMC Global shares have increased 11% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $39, an increase of 25% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BOOM at https://www.zacks.com/ap/BOOM