DTI Q3 2023 Earnings — Drilling Tools International Corp. Revenue & Financial Results | Market Cap Arena

DTIDrilling Tools International Corp.

$131M

Q3 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$38M+4.4% YoY

Gross Profit

$24M62.1% margin

Operating Income

$7M18.7% margin

Net Income

$4M11.2% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+0.6%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

-$9M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$131M

Total Liabilities

$47M

Stockholders' Equity

$85M

Cash & Equivalents

$4M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$37M	+4.4%
Gross Profit	$24M	$23M	+4.0%
Operating Income	$7M	$8M	-11.7%
Net Income	$4M	$7M	-38.7%