Drilling Tools International Expects Saltire Deal to Lift Pro Forma Adjusted Free Cash Flow More Than 80%

Bitget2026/11/05 23:32

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Drilling Tools International reaffirmed its 2026 revenue outlook of $155 million-$170 million and adjusted EBITDA guidance.
Revised adjusted free cash flow guidance of $13 million-$22 million reflects targeted growth investments supporting contract awards and rising demand.
Capital spending forecasts include maintenance expenditures of $18 million-$20 million and growth expenditures of $3 million-$4 million.
The pending Saltire acquisition is expected to increase adjusted free cash flow by more than 80% on a pro forma basis.
Debt reduction will be the primary cash-flow priority until net leverage reaches approximately 1.0 times within 24 months of closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Drilling Tools International Corporation published the original content used to generate this news brief on November 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Drilling Tools International Expects Saltire Deal to Lift Pro Forma Adjusted Free Cash Flow More Than 80%

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