Cactus Q3 2024 revenue $293.2M, adj. EPS $0.79, declares $0.13 dividend

Cactus, Inc.

Revenue $293.2M vs $287.9M YoY; operating income $76.8M (26.2% margin) vs $87.6M (30.4%) YoY.
Net income $62.4M ($0.74 diluted EPS); adjusted net income $63.5M ($0.79 adj. diluted EPS).
Adjusted EBITDA $100.4M (34.2% margin) vs $103.1M (35.8%) in Q3 2023.
Cash and equivalents $303.4M with no bank debt; operating cash flow $85.3M in Q3.
Board declared $0.13/Class A share quarterly dividend, payable in October 2024.

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