Drilling Tools Intl Q4 EPS $0.13 Down From $0.35 YoY, Sales $35.19M Down From $36.66M YoY
Portfolio Pulse from Happy Mohamed
Drilling Tools Intl (NASDAQ:DTI) reported a significant decrease in Q4 earnings per share, down to $0.13 from $0.35 YoY, and a slight decrease in sales to $35.19M from $36.66M YoY.
March 27, 2024 | 8:37 pm
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Drilling Tools Intl reported a 62.86% decrease in Q4 EPS to $0.13 from $0.35 YoY and a 4.01% decrease in sales to $35.19M from $36.66M YoY.
The significant decrease in both earnings per share and sales indicates a challenging quarter for Drilling Tools Intl, likely leading to a negative short-term impact on its stock price.
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IMPORTANCE 90
RELEVANCE 100