Cactus Announces First Quarter 2021 Results

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Cactus, Inc. (WHD) Tops Q1 EPS by 9c, Revenues Beat

May 5, 2021 4:47 PM EDT

Cactus, Inc. (NYSE: WHD) reported Q1 EPS of $0.19, $0.09 better than the analyst estimate of $0.10. Revenue for the quarter came in at $84.4 million versus the consensus estimate of $80.88 million.

First Quarter Highlights

Revenue of $84.4 million;Income from operations of $11.6 million;Net income of $15.1 million(1) and diluted earnings per Class A share of $0.19(1);Net income, as adjusted(2) of $8.6 million and diluted earnings per share, as adjusted(2) of $0.11;Adjusted EBITDA(3) and related margin(4) of $22.8 million and 27.0%,... More