Boulder-based Dynamic Materials posts $23.9M loss for 2015

BOULDER — Dynamic Materials Corp. (Nasdaq: BOOM) on Thursday reported a loss of $23.9 million for 2015, with $16 million of that coming in the fourth quarter that ended Dec. 31.

Boulder-based Dynamic Materials manufactures explosion-welded clad metal plates, which are used to make equipment used in a variety of industries, including oil and gas. The company has manufacturing operations in Germany, Russia and East Asia.

The company had annual revenue of $167 million, down 18 percent from $203 million in 2014. For the quarter, it posted revenue of $41.9 million, down from $52 million…