May 8, 2023

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…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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