Cactus (WHD -9.59%), a key manufacturer of pressure control equipment and spoolable pipe for the oil and gas industry, released its second quarter results on July 30, 2025. The report showed the company missed analyst projections on both non-GAAP earnings and GAAP revenue, reflecting softness in North American oilfield activity and new pressures from tariffs. Earnings per share (non-GAAP) were $0.66 versus the $0.72 that analysts expected, while revenue (GAAP) was $273.6 million, falling short of the $278.8 ...