Cactus posts Q2 revenue of $170.2M, net income $35.8M, diluted EPS $0.44

Cactus, Inc.

Revenue $170.2M vs $108.9M a year ago (+56%); income from operations $44.2M.
Net income $35.8M ($0.44 diluted EPS); adjusted net income $33.4M (adj. EPS $0.44).
Adjusted EBITDA $55.5M (32.6% margin) vs $28.9M (26.5%) in Q2 2021.
Cash balance $311.7M, no bank debt outstanding as of June 30, 2022.
Net income margin 21.0% vs 13.6% in prior-year quarter; adjusted margin 19.6%.

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