Cactus, Inc. (WHD) Tops Q1 EPS by 9c, Revenues Beat
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Cactus Announces First Quarter 2021 Results
May 5, 2021 4:45 PM EDTHOUSTON--(BUSINESS WIRE)-- Cactus, Inc. (NYSE: WHD) (Cactus or the Company) today announced financial and operating results for the first quarter of 2021.
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%, respectively; Cash flow from operations of $15.7 million; Cash balance of $292.0 million and no... More