CACTUS INC. CLASS A overview

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the second quarter of 2023. Second Quarter Highlights Revenue of $305.8 million and operating income of $48.5 million; Net income of $32.5 million and diluted earnings per Class A share of $0.38; Adjusted net income (1) of $67.3 million and diluted earnings per share, as adjusted (1) of $0.84; Net income margin of 10.6% and adjusted net income margin (1) of 22.0%; Adjusted EBITDA (2)...

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its second quarter 2023 earnings release after market close on Monday, August 7, 2023. The Company will host a conference call to discuss financial and operational results on Tuesday, August 8, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be webcast on Cactus’ website at www.CactusWHD.com . Please access the webcast at least 10 minutes ahead of the start time to ensure a...

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that the board of directors of the Company has authorized the Company to repurchase shares of its Class A common stock, par value $0.01 per share (“Common Shares”), for an aggregate purchase price of up to $150 million in open market transactions or block trades, in privately negotiated transactions, through the use of trading plans or any other method permitted under U.S. securities laws, rules and regulations. The...

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the first quarter of 2023. First Quarter Highlights Closed the acquisition of HighRidge Resources, Inc. (“FlexSteel”) on February 28, 2023 (1) ; Revenue of $228.4 million and operating income of $49.7 million; Net income of $52.3 million and diluted earnings per Class A share of $0.63; Adjusted net income (2) of $50.7 million and diluted earnings per share, as adjusted (2) of...

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its first quarter 2023 earnings release before market open on Tuesday, May 9, 2023. The Company will host a conference call to discuss financial and operational results on Tuesday, May 9, 2023 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). The call will be webcast on Cactus’ website at www.CactusWHD.com . Please access the webcast at least 10 minutes ahead of the start time to ensure a proper...

Cactus, Inc. (NYSE: WHD) and its affiliates (“Cactus” or the “Company”) today announced the completion of the acquisition of FlexSteel Holdings, Inc. and certain of its affiliates (“FlexSteel”). In connection with the acquisition, Cactus amended and restated its existing credit facility to provide for a term loan of $125 million and $225 million in revolving commitments. Upon closing, $30 million has been drawn on the revolving portion of the facility in addition to funding the $125...

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year 2022. Fourth Quarter 2022 Highlights and Recent Events Revenue of $187.8 million and income from operations of $48.2 million; Net income of $40.7 million (1) and diluted earnings per Class A share of $0.50 (1) ; Adjusted net income (3) of $43.5 million and diluted earnings per share, as adjusted (3) of $0.57; Net income margin of 21.7% and adjusted net...

Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended ("HSR"), with respect to the previously announced agreement to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc. (“FlexSteel”) and Atlas Merger Sub, LLC, a newly formed subsidiary of Cactus, Inc. The expiration of the HSR...