DMC Global records record sales in first quarter
\BROOMFIELD — Oilfield services provider DMC Global Inc. (Nasdaq: BOOM) had its best sales period in company history during the first quarter of 2023, but certain expenses — some said to be one-time costs — weighed down the Broomfield company’s bottom line.
First quarter sales were a record $184.3 million, up from $175 million in the first quarter of 2022.
“The first quarter represented a strong start to 2023 and reflects continued healthy demand in the markets served by our three differentiated manufacturing businesses,” David Aldous, director and interim co-CEO, said in a statement last week when DMC Global’s quarterly report was…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!