<div id="readability-page-1"><div>Overview<ul><li>DMC Global Q2 sales fall 9% yr/yr but beat analyst expectations</li><li>Adjusted EBITDA declines 30% yr/yr, beats management guidance</li><li>Co reduces total debt by 17% year-to-date, enhancing financial flexibility</li></ul>Outlook<ul><li>DMC Global expects Q3 sales between $142 mln and $150 mln</li><li>Company anticipates Q3 adjusted EBITDA of $8 mln to $12 mln</li><li>DMC Global cites challenging U.S. construction industry conditions</li><li>Company sees tariff policy uncertainty affecting customer orders</li></ul>Result Drivers<ul><li>ARCADIA SALES DECLINE - Weaker demand in high-end residential market due to high interest rates and lower construction activity</li><li>DYNAENERGETICS SALES DROP - Lower pricing and demand in U.S. unconventional market, despite sequential improvement in adjusted EBITDA</li><li>NOBELCLAD SALES IMPACT - Ongoing uncertainty around U.S. tariff policies led to deferred customer orders</li></ul>Key Details<div><table><tbody><tr><td>Metric</td><td>Beat/Miss</td><td>Actual</td><td>Consensus Estimate</td></tr><tr><td>Q2 Sales</td><td>Beat</td><td>$155.50 mln</td><td>$151.60 mln (3 Analysts)</td></tr><tr><td>Q2 Adjusted EBITDA</td><td>Beat</td><td>$13.50 mln</td><td>$11.50 mln (3 Analysts)</td></tr></tbody></table></div>Analyst Coverage<ul><li>The current average analyst rating on the shares is &#34;hold&#34; and the breakdown of recommendations is 1 &#34;strong buy&#34; or &#34;buy&#34;, 2 &#34;hold&#34; and no &#34;sell&#34; or &#34;strong sell&#34;</li><li>The average consensus recommendation for the construction supplies &amp; fixtures peer group is &#34;buy.&#34;</li><li>Wall Street's median 12-month price target for DMC Global Inc is $10.25, about 24.5% above its August 4 closing price of $7.74</li><li>The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 18 three months ago</li></ul>Press Release: </div></div>

BOOM

DMC Global reported Q2 sales of $155.5 million, a 9% year-over-year decline but above analyst expectations. Adjusted EBITDA fell 30% year-over-year to $13.5 million, also exceeding guidance. The company reduced total debt by 17% year-to-date. For Q3, DMC expects sales between $142 million and $150 million and adjusted EBITDA of $8 million to $12 million, citing challenges in the U.S. construction industry and tariff policy uncertainties. Analysts maintain a "hold" rating, with a median 12-month price target of $10.25, reflecting a potential 24.5% upside from recent trading levels.

DMC Global Q2 sales beat expectations