---
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"
generated_at: "2026-06-09T12:21:40.076375+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# RPC Q3 2023 revenue $330.4M, net income $18.3M; EPS $0.08 vs $0.30 in Q2

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-111232
- JSON: https://secwatch.observer/filing/0001104659-23-111232.json
- Plain text: https://secwatch.observer/filing/0001104659-23-111232.txt

## Key facts
- Earnings Releases
  RPC INC reported third quarter ended September 30, 2023 results: revenue 330.4 million, net income 18.3 million, EPS 0.08.
  - Period: third quarter ended September 30, 2023
  - Revenue: 330.4 million
  - Net income: 18.3 million
  - EPS: 0.08
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/742278/000110465923111232/0001104659-23-111232-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.