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Drilling Tools International Expects to Hit High End of 2024 Revenue, Adjusted Net Income Guidance
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Drilling Tools International Expects to Hit High End of 2024 Revenue, Adjusted Net Income Guidance
Feb 20, 2025 7:59 AM

10:40 AM EST, 02/20/2025 (MT Newswires) -- Drilling Tools International ( DTI ) said Thursday it expects 2024 revenue and adjusted net income to be around the high end of its previously announced guidance.

In November, the company estimated 2024 revenue of $145 million to $155 million and adjusted net income of $7.7 million to $9.8 million.

Analysts polled by FactSet expect 2024 revenue of $150.4 million.

Drilling Tools International ( DTI ) is set to release its Q4 and full-year 2024 results March 14.

Price: 3.13, Change: -0.01, Percent Change: -0.32

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