Drilling Tools Intl Q2 Adj. EPS $(0.02) Misses $0.04 Estimate, Sales $39.42M Miss $39.83M Estimate

Drilling Tools Intl (NASDAQ: DTI) reported quarterly losses of $(0.02) per share which missed the analyst consensus estimate of $0.04 by 150 percent. This is a 120 percent decrease over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $39.42 million which missed the analyst consensus estimate of $39.83 million by 1.04 percent. This is a 5.03 percent increase over sales of $37.53 million the same period last year.