earnings
confidence high
sentiment negative
materiality 0.75
Cactus Q3 revenue falls 10% to $264M; adjusted EPS $0.67, net income $50.2M
Cactus, Inc.
- Revenue $264.0M, down 10% YoY from $293.2M; operating income $61.2M vs $76.8M.
- Net income $50.2M ($0.60 diluted EPS); adjusted net income $53.7M ($0.67 adjusted EPS).
- Adjusted EBITDA $86.9M (32.9% margin) vs $100.4M (34.2%) a year ago.
- Cash $445.6M, no debt; Board declared $0.14 per share quarterly dividend.