DMC Global Shares Climb After Third-Quarter Results

what happened

Shares of DMC Global rose in after-hours trading after the company released third-quarter results showing higher sales and a swing to a profit. According to Dow Jones Newswires, the stock was up 14.5% at $6.13 on the Nasdaq, after falling 0.3% in Tuesday's regular session to close at $5.35.

The company reported earnings of 59 cents per share on sales of $172.8 million. A year earlier it had lost 10 cents per share on sales of $151.5 million. For the fourth quarter, DMC Global expects sales between $154 million and $164 million, which it attributes to normal seasonal slowing at Arcadia, its building products business.

The guidance does not factor in greater disruption to international supply chains from the ongoing hostilities in the Middle East.

why it matters

For investors, the key change is the shift from loss to profit, and sales growth points to steady demand. However, the fourth-quarter outlook implies a seasonal slowdown, and risks to logistics tied to the Middle East remain. Because DMC Global is a small-cap stock, after-hours moves like this one can be sharp.

market impact

DMC Global: profit and sales growth support the shares in after-hours trading

• ▲DMC Global shares pressure up — results showed a profit and sales growth versus a loss a year earlier

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