DMC (BOOM) - 2025 Q1 - Quarterly Results

At NobelClad, DMC's composite metals business, sales were flat sequentially and up 5% versus the year-ago first quarter. Order backlog at the end of the first quarter was $41 million versus$49 million at the end of the fourth quarter. Incoming orders for this global business have been especially volatile in recent months, and have been directly impacted by tariff discussions as customers have elected to hold off on placing orders until visibility improves. Adjusted EBITDA was $5.4 million, down 7% sequenti ...