Drilling Tools Intl Expects FY23 Revenue $150M – $158M, Net Income $12M – $19M
Portfolio Pulse from Benzinga Newsdesk
Drilling Tools International (DTI) forecasts FY23 revenue to be between $150M and $158M, with net income projected to be $12M to $19M.
November 13, 2023 | 12:37 pm
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Drilling Tools International anticipates a FY23 revenue range of $150M to $158M and net income between $12M and $19M.
The projected increase in revenue and net income for Drilling Tools International suggests a positive outlook for the company's financial performance in FY23. This guidance is likely to be viewed favorably by investors, potentially leading to a short-term increase in the stock price.
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IMPORTANCE 90
RELEVANCE 100