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Dynamic Materials' (BOOM Quote) second-quarter earnings more than doubled as some orders scheduled for delivery later in the year shipped earlier than expected.
The Boulder, Colo., maker of explosion-welded clad metal plates made $5 million, or 41 cents a share for the quarter ended June 30, up from the year-ago $2.1 million, or 18 cents a share. Sales rose 51% from a year ago and 10% sequentially to $27.8 million.
Analysts surveyed by Thomson Financial were looking for a 28-cent profit on sales of $24.3 million. ...
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