Cactus Looking Ahead To Q3, We Anticipate Revenue To Be Down Sequentially Due To Lower U.S. Land Activity Levels
Portfolio Pulse from Benzinga Newsdesk
Cactus Inc. anticipates a sequential decrease in revenue for Q3 due to lower U.S. land activity levels.
August 07, 2023 | 9:17 pm
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Cactus Inc., represented by the symbol WHD, expects a decrease in Q3 revenue due to lower U.S. land activity levels.
Cactus Inc.'s announcement of an expected decrease in Q3 revenue due to lower U.S. land activity levels directly impacts its financial performance. This could potentially lead to a decrease in the company's stock price in the short term.
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