earnings
confidence high
sentiment positive
materiality 0.75
Cactus Q4 adjusted EPS $0.81; FY revenue $1.097B up 59%
Cactus, Inc.
- Q4 revenue $274.9M, operating income $78.6M, net income $62.1M ($0.74 diluted EPS).
- Adjusted net income $65.1M, adjusted diluted EPS $0.81; adjusted EBITDA $100.1M (36.4% margin).
- Full year 2023 revenue $1.097B (up 59% from $688.4M), net income $214.8M (up 48%).
- Cash $133.8M, no bank debt; Board declared $0.12 quarterly dividend per Class A share.
- Q4 revenue down 4.5% sequentially from Q3 $287.9M but up 46% YoY.