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February 11, 2013
08:24 EDTBOOMDynamic Materials price target raised to $27 from $18 at DA Davidson
DA Davidson increased its price target on Dynamic Materials as the firm expects the company's EPS to increase 22% in 2013 and 42% in 2014. The firm expects the company to provide a positive outlook for 2013 on its Q4 conference call, and it maintains a Buy rating on the stock.
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May 4, 2015
08:52 EDTBOOMDynaEnergetics enters exclusive distribution agreement with W.T. Bell
DynaEnergetics, a business of Dynamic Materials, announced it has entered a distribution agreement with W.T. Bell International, a manufacturer of high-technology cutting tools for pipe recovery operations. Under the agreement, DynaEnergetics becomes the exclusive global distributor of W.T. Bell's product portfolio, which includes a broad spectrum of explosive cutting tools for both offshore and land-based operations.
April 28, 2015
16:23 EDTBOOMDynamic Materials sees Q2 sales down 15%-20%
Sees Q2 sales will be down 15%-20% versus the $51.9M reported in Q2 of FY14, excluding AMK. The expected decline relates to unfavorable currency translation at both businesses, and lower anticipated sales at DynaEnergetics. Q2 gross margin is expected to be 28%-30% versus the 31% reported in last year's second quarter. Gross margin percentage is expected to decline due to the lower sales contributions from DynaEnergetics versus NobelClad. Kuta said approximately $1.0M-$1.5M of additional restructuring expenses are expected in the Q2.
16:22 EDTBOOMDynamic Materials reaffirms FY15 view
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16:21 EDTBOOMDynamic Materials reports Q1 EPS (7c) ex-items, consensus 3c
Reports Q1 revenue $40.8M, consensus $41.88M.

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