DMC Global posts 222% earnings growth in Q2
BROOMFIELD — DMC Global Inc. (Nasdaq: BOOM) grew its earnings by 222% year-over-year in the second quarter of 2022, the company reported Friday.
DMC increased its earnings to $5.55 million from $1.72 million in the second quarter of 2021.
DMC, which provides niche construction services to energy companies, increased its revenue by 153%, to $165.8 million from $65.4 million a year ago.
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Operating expenses were also up 109%, to $29.3 million from $14 million.
BROOMFIELD — DMC Global Inc. (Nasdaq: BOOM) grew its earnings by 222% year-over-year in the second quarter of 2022, the company reported Friday.
DMC increased its earnings to $5.55 million from $1.72 million in the second quarter of 2021.
DMC, which provides niche construction services to energy companies, increased its revenue by 153%, to $165.8 million from $65.4 million a year ago.
Operating expenses were also up 109%, to $29.3 million from $14 million.
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