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Drilling Tools International's Q3 revenue beats estimates
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Drilling Tools International's Q3 revenue beats estimates
Nov 6, 2025 3:09 PM

Overview

* Drilling Tools Q3 2025 revenue beats analyst expectations, reaching $38.8 mln

* Company maintains full-year 2025 outlook despite market challenges

Outlook

* Company maintains full-year 2025 revenue outlook of $145 mln to $165 mln

* Drilling Tools ( DTI ) expects 2025 adjusted EBITDA between $32 mln and $42 mln

* Company anticipates fourth-quarter seasonality to affect activity levels and pricing

Result Drivers

* PRICING STRATEGY - Strategic pricing adjustments helped offset pricing pressure and stimulated higher activity levels

* GEOGRAPHIC EXPANSION - Eastern Hemisphere segment grew revenue by 41%, contributing 15% of total revenue

* FINANCIAL DISCIPLINE - Debt reduction and share buybacks improved financial position

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $38.82 $36.30

Revenue mln mln (2

Analysts

)

Q3 EPS -$0.03

Q3 Basic -$0.03

EPS

Q3 -$467,00

Pretax 0

Profit

Analyst Coverage

* The one available analyst rating on the shares is "hold"

* The average consensus recommendation for the oil related services and equipment peer group is "buy."

* Wall Street's median 12-month price target for Drilling Tools International Corp ( DTI ) is $3.78, about 45.2% above its November 5 closing price of $2.07

* The stock recently traded at 45 times the next 12-month earnings vs. a P/E of 35 three months ago

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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