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Why Did DMC Global Inc. (BOOM) Shares Soar 10.43%?

Mover TrackerFriday, May 2, 2025 8:36 am ET

1min read

DMC Global Inc. (BOOM) shares surged 10.43% in pre-market trading on May 2, 2025, driven by a robust earnings report and strategic developments.

DMC Global Inc. reported a 5% increase in sales and a 39% rise in adjusted EBITDA for the first quarter of 2025, despite facing macroeconomic and tariff-related challenges. The company's revenue for the quarter was $159.3 million, surpassing estimates of $149.00 million, marking a 5% sequential increase but a 5% decline year-over-year. This mixed performance across its business segments highlights the company's resilience in a challenging environment.

Additionally, DMC Global Inc. announced the resignation of Simon M. Bates from its Board of Directors on April 25, 2025. This leadership change could signal potential strategic shifts within the company, adding to investor optimism.

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