secwatch.observer — SEC 8-K summary
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Issuer:     RPC INC (RES)
CIK:        0000742278
Form:       8-K
Filed at:   2022-10-26T23:59:59+00:00
Accession:  0001104659-22-111331
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RPC reports Q3 2022 net income $69.3M, EPS $0.32; revenue $459.6M up 22.4% QoQ
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- Net income $69.3M, diluted EPS $0.32; vs Q2 2022 net income $46.9M, EPS $0.22.
- Revenue $459.6M, +22.4% QoQ; driven by higher activity, pricing, and job mix.
- EBITDA $113.0M, +40.3% vs Q2 2022; operating profit $92.2M.
- Technical Services rev $435.8M, op profit $89.5M; Support Services rev $23.8M, op profit $5.3M.
- Management notes strong demand into early 2023; possible seasonal Q4 slowdown.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/742278/000110465922111331/0001104659-22-111331-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/742278/000110465922111331/tm2228927d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-111331

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer