earnings
confidence high
sentiment negative
materiality 0.70
DTI reports Q2 net loss $2.4M; maintains FY25 guidance as activity declines
Drilling Tools International Corp
2025-Q2 EPS reported
-$0.11
revenue$82,301,000
- Revenue $39.4M: tool rental $32.8M, product sales $6.7M.
- Net loss $2.4M ($0.07 diluted EPS); adj net loss $0.7M ($0.02 adj diluted EPS).
- Adj EBITDA $9.3M; adj free cash flow $1.8M; cash $1.1M, net debt $55.8M.
- Eastern Hemisphere revenue up 46% QoQ, now 14% of total; full-year guidance unchanged.
- Cost-cutting program ~$6M on track; expects pricing pressure to compress H2 margins.
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