Cactus, Inc. (WHD) Tops Q1 EPS by 1c

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Go back to Cactus, Inc. (WHD) Tops Q1 EPS by 1c

Cactus Announces First Quarter 2022 Results

May 4, 2022 5:15 PM EDT

HOUSTON--(BUSINESS WIRE)-- Cactus, Inc. (NYSE: WHD) (Cactus or the Company) today announced financial and operating results for the first quarter of 2022.

First Quarter Highlights

Revenue of $145.9 million and income from operations of $31.0 million; Net income of $27.1 million(1) and diluted earnings per Class A share of $0.34(1); Adjusted net income(2) of $22.9 million and diluted earnings per share, as adjusted(2) of $0.30; Net income margin of 18.6% and adjusted net income margin(2) of 15.7%; Adjusted EBITDA(3) and Adjusted EBITDA margin(3) of $42.3 million and 29.0%, respectively; Cash flow from operations... More