The Drilling Dilemma: Why One Energy Firm’s Profits Have Plummeted
Drilling Tools International (DTI) experiences a slight revenue increase of 1.6%, reaching $154.4 million, while net income drops dramatically by 79% to $3.01 million. Profit margins shrink to 2.0% from 9.5% the previous year due to high expenses impacting profitability. Earnings per
