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

Drilling Tools International Corp. (DTI) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -150.00%. A quarter ago, it was expected that this company would post earnings of $0.04 per share when it actually produced earnings of $0.02, delivering a surprise of -50%.Over the last four quarters, the compa ...