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Cactus Q1 Adjusted Earnings, Revenue Increase
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Cactus Q1 Adjusted Earnings, Revenue Increase
May 2, 2024 1:46 AM

04:22 AM EDT, 05/02/2024 (MT Newswires) -- Cactus (WHD) reported Q1 adjusted earnings Wednesday of $0.75 per diluted share, up from $0.64 a year earlier.

Analysts polled by Capital IQ expected $0.72.

Revenue for the quarter ended March 31 was $274.1 million, compared with $228.4 million a year earlier.

Analysts surveyed by Capital IQ expected $270.3 million.

The company also maintained a quarterly cash dividend of $0.12 per share of Class A common stock, payable June 13 to shareholders of record on May 28.

Price: 49.22, Change: -0.32, Percent Change: -0.65

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