Drilling Tools International (NASDAQ:DTI - Get Free Report) will likely be issuing its quarterly earnings data before the market opens on Wednesday, March 26th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $36.08 million for the quarter. Drilling Tools International has set its FY 2025 guidance at EPS.Parties that wish to register for the company's conference call can do so using this link.
Drilling Tools International (NASDAQ:DTI - Get Free Report) last posted its quarterly earnings results on Thursday, March 13th. The company reported $0.02 EPS for the quarter, beating the consensus estimate of $0.01 by $0.01. The business had revenue of $39.85 million during the quarter, compared to analysts' expectations of $38.99 million. Drilling Tools International had a return on equity of 15.38% and a net margin of 5.46%. During the same period last year, the firm earned $0.13 EPS. On average, analysts expect Drilling Tools International to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Drilling Tools International Price Performance
Shares of DTI traded down $0.20 during mid-day trading on Friday, hitting $2.64. The company's stock had a trading volume of 107,124 shares, compared to its average volume of 57,596. Drilling Tools International has a 1-year low of $2.50 and a 1-year high of $6.36. The firm has a market capitalization of $93.97 million, a P/E ratio of 9.43, a P/E/G ratio of 0.90 and a beta of -0.86. The firm has a 50-day simple moving average of $3.12 and a 200 day simple moving average of $3.38. The company has a current ratio of 1.32, a quick ratio of 0.99 and a debt-to-equity ratio of 0.15.
About Drilling Tools International
(
Get Free Report)
Drilling Tools International Corporation provides oilfield equipment and services to oil and natural gas sectors in North America, Europe, and the Middle East. It offers downhole tool rentals, machining, and inspection services to support the global drilling and wellbore construction industry. The company also provides products are bottom hole assembly components, such as stabilizers, subs, non-magnetic and steel drill collars, hole openers, and roller reamers, as well as drill pipe and drill pipe accessories; ancillary equipment and handling tools to support its rental platform, including float valves, ring gauges, tool baskets, lift bail, lift subs, mud magnets, elevators, bracket and bail assemblies, slips, tongs, stabbing guides and safety clamps; and blowout preventers, and pressure control accessory equipment.
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