Drilling Tools International CORP 8-K filings

Drilling Tools International Corporation (DTI) released an investor presentation detailing its growth strategy, financial outlook, and recent acquisitions.

Drilling Tools International Corp. reported first quarter 2024 results, with revenue of $37 million and reaffirmed its full-year 2024 outlook.

Drilling Tools International Corporation (DTI) released its 2023 financial results and provided a financial outlook for 2024, highlighting growth and strategic acquisitions.

Drilling Tools International (DTI) announced its 2023 full-year results, highlighting a 17.4% revenue increase and a positive outlook for 2024 with expected adjusted free cash flow more than doubling.

Drilling Tools International Corp. has amended its asset-based revolving credit facility, increasing borrowing capacity to $80 million and securing a new $25 million term loan.

Drilling Tools International Corp. has finalized its acquisition of Deep Casing Tools, a UK-based energy technology company, for approximately $14.5 million.

Drilling Tools International Corp. has amended and restated employment agreements for its CEO, CFO, and President of Directional Tools Rental Division, increasing base salaries and target bonuses.

Drilling Tools International has released preliminary estimates for its 2023 full-year results, showing revenue between $150 million and $154 million and adjusted EBITDA between $50 million and $52 million.

Drilling Tools International Corp. has agreed to acquire Superior Drilling Products, Inc. for approximately $32.2 million in a cash and stock transaction.