DTI provides preliminary FY2023 revenue $150-154M, adj. EBITDA $50-52M

Drilling Tools International Corp

Preliminary FY2023 revenue estimated between $150M and $154M.
Net income estimated in range of $14.6M to $14.9M.
Adjusted EBITDA projected at $50M to $52M (33%-34% margin).
Adjusted free cash flow estimated $7M to $8M.
Year-end conference call scheduled for March 28, 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Drilling Tools International Corp reported the fiscal year ended December 31, 2023 results: revenue $150 MM – $154 MM, net income $14.6 MM – $14.9 MM.

Period: the fiscal year ended December 31, 2023
Revenue: $150 MM – $154 MM
Net income: $14.6 MM – $14.9 MM
Result: preliminary results

Exact text from the filing

Estimated Revenue $150 MM – $154 MM Estimated Net Income $14.6 MM – $14.9 MM

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Source: SEC EDGAR

accession 0001140361-24-011994

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