Drilling Tools International Corp. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
For the nine months, sales was USD 90.64 million compared to USD 70.28 million a year ago. Revenue was USD 116.85 million compared to USD 92.9 million a year ago. Net income was USD 10.93 million compared to USD 14.26 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 1.12 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.72 a year ago.