DMC Global''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, DMC Global (NASDAQ: BOOM ) earned $6.46 million, a 250.91% increase from the preceding quarter. DMC Global also posted a total of $165.83 million in sales, a 19.55% increase since Q1. DMC Global collected $138.72 million in revenue during Q1, but reported earnings showed a $4.28 million loss. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally … Full story available on Benzinga.com
DMC Global''s Return On Capital Employed Insights
According to Benzinga Pro, during Q2, DMC Global (NASDAQ: BOOM ) earned $6.46 million, a 250.91% increase from the preceding quarter. DMC Global also posted a total of $165.83 million in sales, a 19.55% increase since Q1. DMC Global collected $138.72 million in revenue during Q1, but reported earnings showed a $4.28 million loss. What Is Return On Capital Employed? Return on Capital Employed is a measure of yearly pre-tax profit relative to capital employed by a business. Changes in earnings and sales indicate shifts in a company''s ROCE. A higher ROCE is generally … Full story available on Benzinga.com