Drilling Tools International Corp. Reports 2024 First Quarter Results
Superior Drilling Products, Inc. (SDPI)
NASDAQ:AMEX Investor Relations:
sdpi.com
Company Research
Source: PR Newswire
Company Reaffirms 2024 OutlookHOUSTON, May 9, 2024 /PRNewswire/ -- Drilling Tools International Corp., (NASDAQ: DTI) ("DTI" or the "Company"), a global oilfield services company that designs, engineers, manufactures and provides a differentiated, rental-focused offering of tools for use in onshore and offshore horizontal and directional drilling operations, as well as other cutting-edge solutions across the well life cycle, today reported 2024 first quarter results and reaffirmed its 2024 full year outlook.DTI generated total consolidated revenue of $37 million in the first quarter of 2024. First quarter Tool Rental net revenue was approximately $30 million and Product Sales net revenue totaled $7 million. First quarter operating expenses were $31.8 million and operating income was $5.1 million. Net Income and Adjusted Net Income(1) for the first quarter were $3.1 million and $3.8 million, respectively. First quarter Adjusted EBITDA(1) was $10.9 million and Adjusted Free Cash Flow(1)
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News
- Superior Drilling Products, Inc. (NYSE: SDPI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
- Superior Drilling Products Reports First Quarter 2024 ResultsBusiness Wire
- SHAREHOLDER NOTICE: Halper Sadeh LLC Investigates SDPI, MINM, ETRNGlobeNewswire
- SUPERIOR DRILLING INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Superior Drilling Products, Inc. - SDPIBusiness Wire
- Superior Drilling Products, Inc. (NYSE: SDPI) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
SDPI
Sec Filings
- 5/15/24 - Form 10-Q
- 5/14/24 - Form 4
- 5/14/24 - Form 8-K
- SDPI's page on the SEC website