secwatch.observer — SEC 8-K summary
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Issuer:     Cactus, Inc. (WHD)
CIK:        0001699136
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001699136-23-000088
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cactus Q2 revenue $305.8M, adjusted EPS $0.84; dividend raised 9%; leadership changes
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- Revenue $305.8M, up 80% YoY; operating income $48.5M (margin 15.9% vs 26% Q2 2022).
- Adjusted net income $67.3M ($0.84 diluted EPS adjusted); cash flow from operations $108.1M.
- Dividend increased 9% to $0.12/quarter; $150M share repurchase authorized.
- Paid off $155M FlexSteel acquisition debt as of July 31, 2023.
- Leadership changes: Scott Bender Chairman, Joel Bender President, Steven Bender COO, Gary Rosenthal Lead Independent Director.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1699136/000169913623000088/0001699136-23-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1699136/000169913623000088/whd-20230801.htm
  HTML page:      https://secwatch.observer/filing/0001699136-23-000088

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer