earnings
confidence high
sentiment neutral
materiality 0.70
DTI reports Q1 revenue $42.9M, net loss $1.7M; guides FY25 rev $145-165M, announces $10M buyback
Drilling Tools International Corp
2025-Q1 EPS reported
-$0.05
revenue$42,880,000
- Q1 revenue $42.9M (+7.6% seq, +16% YoY); tool rental $34.5M, product sales $8.3M.
- Q1 net loss $1.7M vs adj net income $0.7M; diluted EPS loss $0.05, adj diluted EPS $0.02.
- FY25 guidance: revenue $145-165M, adj EBITDA $32-42M (22-25% margin), adj FCF $14-19M.
- Board authorized $10M share repurchase program.
- Cost-cutting program to reduce expenses by ~$6M annually; contingency plans if needed.