Cactus, Inc. (WHD) Tops Q4 EPS by 2c

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Cactus Announces Fourth Quarter and Full Year 2020 Results

February 24, 2021 4:45 PM EST

HOUSTON--(BUSINESS WIRE)-- Cactus, Inc. (NYSE: WHD) (Cactus or the Company) today announced financial and operating results for the fourth quarter and full year 2020.

Fourth Quarter 2020 Highlights

Revenue of $68.1 million; Income from operations of $8.4 million; Net income of $6.1 million(1) and diluted earnings per Class A share of $0.07(1); Net income, as adjusted(2) of $6.3 million and diluted earnings per share, as adjusted(2) of $0.08; Adjusted EBITDA(3) and related margin(4) of $19.8 million and 29.1%, respectively; Cash flow from operations of $21.9 million; Cash balance of $288.7... More