Cactus Announces Second Quarter 2020 Results

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Go back to Cactus Announces Second Quarter 2020 Results

Cactus, Inc. (WHD) Tops Q2 EPS by 11c, Revenues Beat

July 29, 2020 5:16 PM EDT

Cactus, Inc. (NYSE: WHD) reported Q2 EPS of $0.10, $0.11 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $66.5 million versus the consensus estimate of $60.8 million.

Second Quarter Highlights

Revenue of $66.5 million;Income from operations of $8.9 million;Net income of $9.1 million(1) and diluted earnings per Class A share of $0.11(1);Net income, as adjusted(2) of $7.4 million and diluted earnings per share, as adjusted(2) of $0.10;Adjusted EBITDA(3) and related margin(4) of $22.5 million and 33.8%, respectively;Cash flow from... More