Brief: Dmc Global Announces CEO Transition & Updates Financial Guidance

Dmc Global

17/01/2023 12:24

Jan 17 (Reuters) - Dmc Global Inc  BOOM.O :
    * DMC GLOBAL ANNOUNCES CEO TRANSITION & UPDATES FINANCIAL
GUIDANCE
    * DMC GLOBAL ANNOUNCES CEO TRANSITION & UPDATES FINANCIAL
GUIDANCE
    * KEVIN LONGE HAS STEPPED DOWN AS PRESIDENT AND CHIEF
EXECUTIVE
OFFICER
    * NAMED CHIEF FINANCIAL OFFICER MICHAEL KUTA AND CHAIRMAN,
DAVID
ALDOUS, AS INTERIM CO-CEOS
    * KUTA HAS AGREED TO POSTPONE HIS PREVIOUSLY ANNOUNCED
RETIREMENT
    * DIRECTOR RICHARD GRAFF APPOINTED INTERIM CHAIRMAN OF BOARD
    * Q4 SALES ARE NOW EXPECTED IN A RANGE OF $173 MILLION TO
$175
MILLION
    * SEES Q4 ADJUSTED EBITDA AT OR SLIGHTLY ABOVE HIGH END OF
ITS
PREVIOUSLY GUIDED RANGE OF $15 MILLION TO $18 MILLION
    * Q4 REVENUE VIEW $164.2 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX97p09S 
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