RPC Q2 2026 net income $12.1M, adjusted EPS $0.08; CEO Palmer announces retirement

RPC INC

Revenue $460.9M (+1% sequentially); net income $12.1M vs $0.9M in Q1; diluted EPS $0.05.
Adjusted net income $17.8M, adjusted diluted EPS $0.08; adjusted EBITDA $66.0M (14.3% margin).
Board declares $0.04/share quarterly dividend, payable Sept 10, 2026 to holders of record Aug 10, 2026.
CEO Ben M. Palmer to retire after 30 years; transition process underway with Board.
Technical Services revenue $438.1M (+1%), operating income $27.6M (+73%); Support Services revenue $22.8M (+11%).

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