{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-111232","form_type":"8-K","ticker":"RES","cik":"0000742278","company_name":"RPC INC","filed_at":"2023-10-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:31.924204+00:00","generated_at":"2026-06-09T12:21:40.076375+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"RPC Q3 2023 revenue $330.4M, net income $18.3M; EPS $0.08 vs $0.30 in Q2","bullets":["Revenue $330.4M, down 21% sequentially from Q2 $415.9M; net income $18.3M ($0.08 diluted EPS) vs $65.0M ($0.30).","Adjusted operating profit $22.7M vs $83.3M in Q2; adjusted EBITDA $51.9M vs $110.1M.","Pressure pumping business weaker than expected; Spinnaker cementing acquisition contributed positively in its first full quarter.","CEO cites pricing discipline and service readiness; expects busier Q4 with acceptable terms."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-111232","json":"https://secwatch.observer/filing/0001104659-23-111232.json","markdown":"https://secwatch.observer/filing/0001104659-23-111232.md","text":"https://secwatch.observer/filing/0001104659-23-111232.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/742278/000110465923111232/0001104659-23-111232-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/742278/000110465923111232/tm2329057d2_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T12:21:40.076375+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"a4321b54902b9ff00f5863cdc6c94b1f77ac3d63","claim":"RPC INC reported third quarter ended September 30, 2023 results: revenue 330.4 million, net income 18.3 million, EPS 0.08.","evidence_excerpt":"business positively contributed to our financial results,” concluded Palmer. Consolidated Financial Results For the quarter ended September 30, 2023, RPC generated revenues of $330.4 million, a decrease compared to $415.9 million in the second quarter. Revenues fell primarily due to declines in RPC’s pressure pumping business due to lower customer activity,","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/742278/000110465923111232/0001104659-23-111232-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"third quarter ended September 30, 2023"},{"label":"Revenue","value":"330.4 million"},{"label":"Net income","value":"18.3 million"},{"label":"EPS","value":"0.08"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}