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Dynamic Materials Corp Lowers FY 2013 Revenue Guidance; Issues Q3 2013 Revenue Guidance Below Analysts' Estimates


Tuesday, 30 Jul 2013 04:05pm EDT 

Dynamic Materials Corp announced that for fiscal 2013 it now anticipates an increase of 6% to 8% versus a previously forecast increase of 8% to 10% over fiscal 2012 sales. For the third quarter of 2013, management anticipates sales will increase by 10% to 12% versus sales of $50.1 million in the third quarter of 2012. The Company reported revenue of $201.57 million in fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $219.29 million for fiscal 2013 and revenue of $57.8 million for the third quarter of 2013. 

Company Quote

20.69
-0.44 -2.08%
28 Jul 2014