There are a few key trends to look for if we want to identify the next multi-bagger. Amongst other things, we'll want...
DMC Global (BOOM) delivered earnings and revenue surprises of 341.67% and 12.77%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Second quarter sales were $165.8 million, up 20% sequentially and up 153% versus Q2 2021Excluding the acquisition of Arcadia, sales were $89.4 million, up 26% sequentially and up 37% versus Q2 2021Second quarter consolidated gross margin improved to 31% from 27% in Q1 2022 and 26% in Q2 2021Second quarter net income attributable to DMC was $5.6 millionSecond quarter net income per diluted share, inclusive of adjustment for redeemable noncontrolling interest, was $0.20Second quarter adjusted net