Dynamic Materials’ revenue, income drops in 3Q

BOULDER — Dynamic Materials Corp. (Nasdaq: BOOM) reported a 1 percent decline in revenue for its third quarter that ended Sept. 30.

Revenue for the quarter was $51.9 million compared with $52.3 million for the same period a year ago.

Third quarter profit was $2.5 million, or 18 cents per share, compared with $3.4 million, or 24 cents per share, in the third quarter last year.

Both the 2014 and 2013 third-quarter revenue excludes contributions from the company’s former AMK Technical Services business, which was sold Oct. 1. The Boulder-based company continues to operate two divisions — DynaEnergetics and NobelClad.

The DynaEnergetics division manufactures,…