Drilling Tools International shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS and sales.
Portfolio Pulse from Benzinga Newsdesk
Drilling Tools International shares are trading lower after the company reported worse-than-expected Q2 adjusted EPS and sales.
August 06, 2024 | 10:13 am
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Drilling Tools International shares are trading lower due to the company reporting worse-than-expected Q2 adjusted EPS and sales.
The company's worse-than-expected Q2 adjusted EPS and sales have led to a decline in its share price. Investors are likely reacting negatively to the earnings miss, which suggests potential challenges in the company's financial performance.
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