Drilling Tools Intl Q1 Adj. EPS $(0.03) Misses $(0.02) Estimate, Sales $37.959M Miss $38.206M Estimate

Drilling Tools Intl (NASDAQ:DTI) reported quarterly losses of $(0.03) per share which missed the analyst consensus estimate of $(0.02) by 50 percent. This is a 250 percent decrease over earnings of $0.02 per share from the same period last year. The company reported quarterly sales of $37.959 million which missed the analyst consensus estimate of $38.206 million by 0.65 percent. This is a 11.48 percent decrease over sales of $42.880 million the same period last year.