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What Does The Future Hold For Drilling Tools International Corporation (NASDAQ:DTI)? These Analysts Have Been Cutting Their Estimates

By Yahoo! Finance   |   Aug 16, 2024 at 08:21 AM EST
What Does The Future Hold For Drilling Tools International Corporation (NASDAQ:DTI)? These Analysts Have Been Cutting Their Estimates

Analysts downgraded revenue forecasts for Drilling Tools International Corp, expecting a 9.0% sales increase in 2024. Despite the positive growth outlook, caution is advised due to the significant revenue estimate cut. Management's stock investments and declining profit margins are also concerning.

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