CSIMarket Company Name, Ticker, Industry, else..
 
Drilling Tools International Corporation  (NASDAQ: DTI)
Other Ticker:  
 
 
Price: $3.4400 $0.18 5.521%
Day's High: $3.52 Week Perf: 4.24 %
Day's Low: $ 3.22 30 Day Perf: 43.33 %
Volume (M): 92 52 Wk High: $ 6.36
Volume (M$): $ 315 52 Wk Avg: $3.48
Open: $3.23 52 Wk Low: $1.43



 Market Capitalization (Millions $) 122
 Shares Outstanding (Millions) 36
 Employees 1,000
 Revenues (TTM) (Millions $) 160
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) -11
 Capital Exp. (TTM) (Millions $) 22

Drilling Tools International Corporation
Drilling Tools International Corporation is a global drilling equipment and services provider. The company offers a wide range of drilling tools and equipment for oil and gas exploration and production. They are known for their expertise in designing and manufacturing high-quality, durable drilling tools that enhance drilling efficiency and safety. With their global presence and extensive industry experience, Drilling Tools International Corporation is committed to delivering excellent customer service and innovative solutions to their clients worldwide.


   Company Address: 10370 Richmond Ave. Houston 77042 TX
   Company Phone Number: 742-8500   Stock Exchange / Ticker: NASDAQ DTI


   

Stock Performances by Major Competitors

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Drilling Tools International Corporation

Drilling Tools International Corporation Delivers Robust Q3 Performance, Fostering Renewed Investor Confidence



In a time of uncertainty, the financial results of the Miscellaneous Fabricated Products company and Drilling Tools International Corporation have given investors renewed hope. The recently released third-quarter 2023 financial statements shed light on significant revenue growth, soaring net earnings, and improving profit margins. This article will discuss the impressive Q3 performance of both companies and analyze the potential implications of a slight drop in the stock price of Drilling Tools International Corporation.
The Miscellaneous Fabricated Products Company's Outstanding Q3 Results:
The Miscellaneous Fabricated Products company achieved remarkable success in the third quarter of 2023, reporting revenue of $38.138 million. This figure showcases the company's ability to adapt to market demands and satisfy customers' ever-changing needs. Moreover, the company's net earnings surged by an incredible 1213.97% when compared to the corresponding period last year. Such a substantial increase in net earnings reflects the effectiveness of the company's strategic decisions, sound financial management, and ability to capitalize on emerging market opportunities.
Drilling Tools International Corporation

Drilling Tools International Corporation Achieves Promising Financial Results with $37.908 Million Revenue in Q2 2023

Drilling Tools International Corporation, a leading provider of drilling tools and equipment, recently disclosed its financial performance for the April to June 30, 2023 financial span. The company reported a revenue of $37.908 million during this period, showcasing a positive trend in its financials. Additionally, Drilling Tools International Corporation achieved earnings of $0.937 million, marking a significant improvement compared to a net loss of $-0.102 million in the same reporting season the previous year.
One of the highlights of the financial report was the company's improved profit margins. Drilling Tools International Corporation stated that its net margin rose to 2.47% in the April to June 30, 2023 financial span, indicating a positive shift in its profitability. Moreover, the company's operating margin also increased to 17.47%.






Drilling Tools International's Segments
Tool Rental    86.72 % of total Revenue
Product Sale    21.13 % of total Revenue
Western Hemisphere    96.07 % of total Revenue
Eastern Hemisphere    11.78 % of total Revenue
Tool Rental Western Hemisphere    76.17 % of total Revenue
Tool Rental Eastern Hemisphere    10.55 % of total Revenue
Product Sale Western Hemisphere    19.9 % of total Revenue
Product Sale Eastern Hemisphere    1.23 % of total Revenue
InterElimination    -7.85 % of total Revenue

  Drilling Tools International Outlook

On March 27 2024 the Drilling Tools International provided following guidance

Drilling Tools International Corporation has released its 2023 full-year and fourth-quarter financial results. The company also provided its outlook for the full year of 2024. DTI estimates that its adjusted free cash flow will more than double in 2024, indicating a positive trend in the company's financial performance.

Based on the latest estimates, Drilling Tools International Corp. is optimistic about its financial performance and growth prospects for the upcoming year. The company's focus on manufacturing and providing oilfield services globally has positioned it for success in the industry.

Investors and stakeholders can look forward to continued growth and profitability from DTI in the co...





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