Cactus Q1 revenue up 73% YoY to $145.9M; appoints new GC from Baker Hughes

Cactus, Inc.

Revenue $145.9M, income from operations $31.0M, net income $27.1M ($0.34 diluted EPS GAAP).
Adjusted net income $22.9M, adjusted diluted EPS $0.30, adjusted EBITDA $42.3M (29.0% margin).
Cash $297.7M, no bank debt; cash flow from operations $17.2M.
General Counsel David Isaac retiring May 20; William Marsh (former Baker Hughes CLO) appointed, joining May 16.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

William Marsh

General Counsel, Vice President of Administration and Secretary

WHD · Cactus, Inc.

Effective: 2022-05-20
Filed: May 4, 2022, 7:59 PM ET

The Company has appointed William Marsh to succeed Mr. Isaac as its General Counsel, Vice President of Administration and Secretary upon Mr. Isaac’s retirement.

Departed

David J. Isaac

General Counsel, Vice President of Administration and Secretary

WHD · Cactus, Inc.

Effective: 2022-05-20
Successor: William Marsh
Filed: May 4, 2022, 7:59 PM ET

On April 28, 2022, Mr. Isaac notified us that his retirement would become effective on May 20, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

William Marsh was appointed as General Counsel, Vice President of Administration and Secretary at Cactus, Inc..

Action: appointed
Role: General Counsel, Vice President of Administration and Secretary

Exact text from the filing

The Company has appointed William Marsh to succeed Mr. Isaac as its General Counsel, Vice President of Administration and Secretary upon Mr. Isaac’s retirement.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David J. Isaac departed as General Counsel, Vice President of Administration and Secretary at Cactus, Inc..

Action: retirement
Role: General Counsel, Vice President of Administration and Secretary

Exact text from the filing

On April 28, 2022, Mr. Isaac notified us that his retirement would become effective on May 20, 2022.

View on SEC.gov

Cactus, Inc. filing history →

Source: SEC EDGAR

accession 0001699136-22-000069

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.