UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 Current Report
                         Pursuant to Section 13 or 15(d)
                                     of the
                         Securities Exchange Act of 1934

       Date of Report (Date of Earliest Event Reported): February 22, 2005


                          Dynamic Materials Corporation
             (Exact Name of Registrant as Specified in its Charter)

                                    Delaware
                 (State or Other Jurisdiction of Incorporation)

        0-8328                                          84-0608431
(Commission File Number)                             (I.R.S. Employer
                                                  Identification Number)

                                 (303) 655-5700
              (Registrant's Telephone Number, Including Area Code)

 5405 Spine Road, Boulder, Colorado                            80301
(Address of Principal Executive Offices)                     (Zip Code)

                                 Not Applicable
          (Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

|_|  Written communications pursuant to Rule 425 under the Securities Act (17
     CFR 230.425)

|_|  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14d-2(b))

|_|  Pre-commencement communications pursuant to Rule 14d-2(b) under Exchange
     Act (17 CFR 240.14d-2(b))

|_|  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.133-4(c))




Item 2.02   Results of Operations and Financial Condition

     On February 22, 2005, Dynamic Materials Corporation (the "Company") issued
a press release announcing its financial results for the year ended December 31,
2004. A copy of the Company's press release is attached hereto as Exhibit 99.1
and incorporated herein by reference.

     The information provided in this Report is being furnished and shall not be
deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of
1934, as amended, and shall not be deemed incorporated by reference in any
filings under the Securities Act of 1933, as amended, unless specifically stated
so therein.

Item 9.01.  Financial Statements and Exhibits

            (c)  Exhibits.

            99.1 Press release reporting financial results for the year ended
                 December 31, 2004




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                  DYNAMIC MATERIALS CORPORATION


                                  By:  /s/ Richard A. Santa
                                       --------------------------------------
                                        Richard A. Santa
                                        Vice President and Chief Financial
                                        Officer



Dated:  February 28, 2005



                                INDEX TO EXHIBITS

Number   Description
------   -----------

99.1     Press release reporting financial results for the year ended
         December 31, 2004