Drilling Tools International Corporation (DTI) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Greetings, and welcome to the Drilling Tools International 2025 Year-End and Fourth Quarter Financial Results Conference Call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Ken Dennard, Investor Relations. Thank you, sir. You may begin. Thank you, operator, and good morning, everyone. We appreciate you joining us for Drilling Tools International's 2025 year-end and fourth quarter conference call and webcast. With me today are Wayne Prejean, Chief Executive Officer, and David Johnson, Chief Financial Officer. Following my remarks, management will provide a review of year-end, fourth quarter results, and 2026 outlook before opening the call for your questions. There'll be a replay of today's call that'll be available via webcast on the company's website. That's drillingtools.com. And there'll also be a telephonic recorded replay available until March 13th. Please note that any information reported on this call speaks only as of today, March 6th, 2026, And therefore, you're advised that 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 that differ materially from those expressed in the statements m...