DMC Global Inc (BOOM)

[Hostile Takeover]

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4:08PM Dynamic Materials beats by $0.14, beats on revs (BOOM) 19.78 -1.14 : Reports Q2 (Jun) earnings of $0.29 per share, $0.14 better than the Capital IQ Consensus Estimate of $0.15; revenues rose 41.5% year/year to $54.2 mln vs the $49.2 mln consensus. "We are raising our 2011 sales-growth forecast to between 28% and 30% versus fiscal 2010. Our prior forecast called for year-over-year growth of between 24% and 28%. The significant pricing pressure our Explosive Metalworking segment experienced during much of fiscal 2010 has begun to ease, and we have therefore elevated our 2011 consolidated gross margin forecast to between 26% and 28% versus our previously guided range of 24% and 26%."