Drilling Tools International Corporation (DTI) Q4 2024 Earnings Call Transcript

Drilling Tools International Corporation (NASDAQ:DTI) Q4 2024 Earnings Conference Call March 14, 2025 10:00 AM ET

Company Participants

Ken Dennard – IR
Wayne Prejean – CEO
David Johnson – CFO

Conference Call Participants

Jeff Grampp – Alliance Global Partners
Steve Ferazani – Sidoti & Company
Sean Mitchell – Daniel Energy Partners

Operator

Greetings. Welcome to Drilling Tools International’s 2024 Year End and Fourth Quarter Earnings Conference Call. At this time all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, [Jack Furst] (ph). Thank you. You may begin.

Unidentified Company Representative

Thank you, operator, and good morning, everyone. We appreciate you joining us for Drilling Tools International’s 2024 year-end and fourth quarter earnings conference call and webcast.

With me today are Wayne Prejean, Chief Executive Officer; David Johnson, Chief Financial Officer. Following my remarks, management will provide a review of year-end fourth quarter results and 2025 outlook before opening the call for your questions. There will be a replay of today’s call that will be available via webcast on the company’s website at drillingtools.com, and there will also be a telephonic recorded replay available until March 21.

Please note that any information reported on this call speaks only as of today, March 14, 2025, and therefore, you are advised that any time-sensitive information may no longer be accurate as of the time of any replay listening or transcript reading. Also, comments on this call will contain forward-looking statements within the meaning of the United States federal securities laws. These forward-looking statements reflect the current views of DTI’s management. However, various risks and uncertainties and contingencies could cause actual results, performance or achievements to differ materially from those expressed in the statements made by management.