secwatch.observer — SEC 8-K summary
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Issuer:     Drilling Tools International Corp (DTI)
CIK:        0001884516
Form:       8-K
Filed at:   2025-08-13T23:59:59+00:00
Accession:  0001193125-25-179929
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DTI reports Q2 net loss $2.4M; maintains FY25 guidance as activity declines
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1884516/000119312525179929/0001193125-25-179929-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1884516/000119312525179929/dti-20250813.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-179929

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer