Cactus Earnings Reports

Cactus, Inc. posted Q4 2024 revenue of $272.1 million, slightly down from Q4 2023. Net income was $57.4 million, and adjusted EPS stood at $0.71. While Pressure Control revenues declined due to lower customer activity, the Spoolable Technologies segment faced seasonal slowdowns. Despite revenue pressures, the company maintained strong operating margins and continued to generate positive cash flow.

Cactus, Inc. announced strong second quarter 2024 financial results, with revenue of $364.4 million and EPS of $0.59. The company benefited from increased drilling activity and market share gains, particularly in the Permian Basin. Cactus is optimistic about continued growth and has provided a positive outlook for the remainder of the year.

Cactus delivered a strong first quarter, exceeding expectations with revenue of $348.2 million and EPS of $0.66. The company benefited from robust market activity and effective execution, positioning it well for continued success.

Cactus delivered record revenue and EPS in Q4 2023, demonstrating the strength of its business model and execution. The company is well-positioned for continued growth in 2024.

Cactus Inc. announced strong financial results for the third quarter of 2023, exceeding expectations. The company benefited from increased drilling activity in the U.S. and internationally. Revenue and earnings per share both saw significant increases compared to the previous year.

Cactus delivered exceptional Q2 2023 results, exceeding expectations with significant revenue growth and improved profitability. The company benefited from increased drilling activity and successful market share gains.

Cactus delivered impressive Q1 2023 results, highlighted by revenue growth and strong profitability. The company benefited from increased drilling and completion activity, particularly in the U.S. and internationally. Cactus remains optimistic about the outlook for the remainder of the year.

Cactus delivered impressive Q4 2022 results, exceeding expectations with significant revenue growth and profitability. The company benefited from robust demand for its products and services, driven by heightened drilling activity and successful market share expansion.

Cactus reported strong third quarter 2022 results, driven by increased drilling and completion activity. Revenue increased significantly year-over-year, and the company provided positive forward guidance.

Cactus Inc. announced strong Q2 2022 results, exceeding expectations due to increased drilling activity and market share gains. The company's financial performance reflects its ability to capitalize on the favorable industry environment.

Cactus Inc. announced a strong first quarter, exceeding expectations with revenue of $127.1 million and EPS of $0.27. The company benefited from increased drilling activity and market share gains, particularly in the Permian Basin.

Cactus delivered impressive Q4 2021 results, exceeding expectations with significant revenue growth and improved profitability. The company benefited from increased drilling activity and successful market share gains.

Cactus reported a strong third quarter with revenue increasing 16% sequentially to $144.2 million and EPS of $0.32. The company benefited from increased drilling activity and market share gains. They anticipate continued growth with increased activity.

Cactus, Inc. reported Q2 2021 revenue of $79.7 million and EPS of $0.18, surpassing analyst expectations. Despite revenue falling short, the company highlighted improved operational efficiency and market share gains. The outlook remains cautiously optimistic, balancing increased drilling activity with ongoing supply chain challenges.

Cactus, Inc. announced its first-quarter 2021 results, showcasing a significant recovery from the prior year's downturn. The company benefited from increased drilling and completion activity, leading to improved financial performance. Cactus highlighted its commitment to innovation and efficient operations, contributing to its positive outlook.

Cactus Inc. announced positive Q4 2020 results, driven by increased drilling activity and effective cost management. The company's earnings surpassed expectations, reflecting a recovery in the energy sector.

Cactus reported a decrease in revenue compared to the previous year, but EPS surpassed analyst estimates. The company faced headwinds from reduced drilling and completion activity, but cost management efforts helped to mitigate the impact on profitability. Management provided cautious guidance for the upcoming quarter, citing continued uncertainty in the oil and gas market.

Cactus, Inc. reported a 9.9% increase in revenues from the previous quarter, reaching $154.1 million, with growth across all business lines. Income from operations grew 11.4% sequentially to $40.2 million. The company's cash balance reached $230 million with no debt outstanding.

Cactus announced its Q4 and Full Year 2019 results, reporting Q4 revenue of $140.2 million and net income of $31.3 million. Despite a decline in the U.S. onshore rig count, the company's results were consistent with expectations, and the overall margin profile remained strong. Cactus highlighted its ability to generate significant free cash flow, with cash growing by over $35 million during the quarter.