Cactus Announces Third Quarter 2020 Results
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Cactus, Inc. (WHD) Tops Q3 EPS by 12c, Revenues Beat
November 4, 2020 5:17 PM ESTCactus, Inc. (NYSE: WHD) reported Q3 EPS of $0.13, $0.12 better than the analyst estimate of $0.01. Revenue for the quarter came in at $59.8 million versus the consensus estimate of $55.41 million.
Third Quarter Highlights
Revenue of $59.8 million;Income from operations of $12.6 million;Net income of $10.9 million(1) and diluted earnings per Class A share of $0.13(1);Net income, as adjusted(2) of $9.5 million and diluted earnings per share, as adjusted(2) of $0.13;Adjusted EBITDA(3) and related margin(4) of $24.6 million and 41.1%, respectively;Cash flow from operations of $18.9... More