Cactus, Inc. (WHD) Misses Q2 EPS by 2c

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Go back to Cactus, Inc. (WHD) Misses Q2 EPS by 2c

Cactus Announces Second Quarter 2021 Results and Quarterly Cash Dividend Increase

July 28, 2021 5:25 PM EDT

HOUSTON--(BUSINESS WIRE)-- Cactus, Inc. (NYSE: WHD) (Cactus or the Company) today announced financial and operating results for the second quarter of 2021 and an increase to its quarterly cash dividend.

Second Quarter Highlights

Revenue of $108.9 million, up 29% sequentially; Income from operations of $17.3 million, up 49% sequentially; Net income of $14.8 million(1) and diluted earnings per Class A share of $0.18(1); Net income, as adjusted(2) of $12.3 million and diluted earnings per share, as adjusted(2) of $0.16; Adjusted EBITDA(3) and related margin(4) of $28.9 million and 26.5%, respectively; Cash flow from... More