Workflow
Cactus(WHD) - 2024 Q2 - Quarterly Results
WHDCactus(WHD)2024-07-31 22:00

Exhibit 99.1 Cactus Announces Second Quarter 2024 Results HOUSTON – July 31, 2024 – Cactus, Inc. (NYSE: WHD) ("Cactus" or the "Company") today announced financial and operating results for the second quarter of 2024. Second Quarter Highlights • Revenue of 290.4millionandoperatingincomeof290.4 million and operating income of 79.8 million; • Net income of 63.1millionanddilutedearningsperClassAshareof63.1 million and diluted earnings per Class A share of 0.75; • Adjusted net income of 65.2millionanddilutedearningspershare,asadjustedof65.2 million and diluted earnings per share, as adjusted of 0.81; • Net income margin of 21.7% a ...