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Cactus Announces Fourth Quarter and Full Year 2024 Results

1. Cactus, Inc. reported strong Q4 results with $272.1 million revenue. 2. Diluted earnings per share increased to $0.71, indicating robust profitability.

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FAQ

Why Bullish?

The strong earnings report reflects solid financial health and growth, reminiscent of past performance surges following similar announcements in the oil and gas sector, likely positioning WHD favorably among investors.

How important is it?

Strong Q4 results could attract more investors, providing liquidity and potentially increasing stock value in the near term.

Why Short Term?

Financial announcements often lead to immediate market reactions; similar past reports led to quick upward price movements within a quarter.

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XOMSLBOXY
HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced financial and operating results for the fourth quarter and full year of 2024. Fourth Quarter Highlights Revenue of $272.1 million and operating income of $70.5 million; Net income of $57.4 million and diluted earnings per Class A share of $0.68; Adjusted net income(1) of $56.8 million and diluted earnings per share, as adjusted(1) of $0.71; Net income margin of 21.1% and adjusted net income margin(1).

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