Drilling Tools International Corp. (DTI) Reports Q2 Loss, Misses Revenue Estimates

Company Performance - Drilling Tools International Corp. (DTI) reported a quarterly loss of $0.02 per share, missing the Zacks Consensus Estimate of $0.04, and compared to earnings of $0.10 per share a year ago, representing an earnings surprise of -150.00% [1] - The company posted revenues of $39.42 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 1.04%, but showing an increase from year-ago revenues of $37.53 million [2] - Over the last four quarters, DTI has surpassed consensus EPS estimates two times and topped consensus revenue estimates two times [2] Stock Performance - DTI shares have lost approximately 38.8% since the beginning of the year, contrasting with the S&P 500's gain of 9.6% [3] - The current consensus EPS estimate for the coming quarter is $0.02 on revenues of $37.33 million, and for the current fiscal year, it is $0.08 on revenues of $156.01 million [7] Industry Outlook - The Oil and Gas - Field Services industry, to which DTI belongs, is currently ranked in the bottom 15% of over 250 Zacks industries, indicating potential challenges ahead [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact DTI's stock performance [5][6]