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Drilling Tools International (DTI)
NASDAQ:DTI
RESEARCH TOOLSreports
Earnings Data
Report Date
Aug 18, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.04Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: -4.36%
|Next Earnings Date:Aug 18, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong revenue and EBITDA growth despite market challenges and volatility. While proactive cost reductions and share buybacks indicate management's confidence, significant challenges such as global rig count decline, goodwill impairment, and pricing pressures present ongoing concerns. The sentiment is cautious, balancing positive internal strategies against external market volatility.Company Guidance
In the first quarter of 2025, Drilling Tools International reported a 16% increase in revenue compared to the previous year, with total consolidated revenue reaching $42.9 million, including $34.5 million from tool rentals and $8.3 million from product sales. Despite a 6% global decline in rig count, adjusted EBITDA increased by nearly 18% year-over-year, remaining flat sequentially at $10.8 million, while adjusted free cash flow stood at $5.7 million. The company is implementing a cost reduction strategy expected to save $6 million annually, in response to anticipated challenges such as tariff impacts and potential recession risks. Updated 2025 guidance projects full-year revenue between $145 million and $165 million, adjusted EBITDA ranging from $32 million to $42 million, gross capital expenditures of $18 million to $23 million, and adjusted free cash flow between $14 million and $19 million. The company also announced a $10 million share buyback authorization, reflecting confidence in its undervalued stock.Revenue and EBITDA Growth
Revenue grew 16% year-over-year and nearly 8% over the previous quarter. Adjusted EBITDA rose nearly 18% year-over-year.
Cost Reduction Strategy
DTI is implementing a two-phase cost reduction program, with Phase 1 expected to result in $6 million in annual savings.
Share Buyback Authorization
The Board approved a share buyback authorization of up to $10 million, viewing the current stock price as undervalued.
Eastern Hemisphere Growth Potential
Eastern Hemisphere segment, despite current challenges, is expected to grow its revenue contribution due to acquisitions and product expansions.
DTI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $2.75 | $2.50 | -9.09% |
Mar 13, 2025 | $2.71 | $2.70 | -0.37% |
Nov 13, 2024 | $3.48 | $3.47 | -0.29% |
Aug 06, 2024 | $4.57 | $4.17 | -8.75% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Drilling Tools International (DTI) report earnings?
Drilling Tools International (DTI) is schdueled to report earning on Aug 18, 2025, TBA Not Confirmed.
What is Drilling Tools International (DTI) earnings time?
Drilling Tools International (DTI) earnings time is at Aug 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is DTI EPS forecast?
DTI EPS forecast for the fiscal quarter 2025 (Q2) is 0.04.