---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-013561"
form_type: "8-K"
ticker: "RES"
cik: "0000742278"
company_name: "RPC INC"
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:45:32.169102+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RPC Q3 revenues $337.7M (-7% seq); net income $18.8M (-42% seq); EPS $0.09

## Summary
- Revenue decreased 7% sequentially to $337.7M; pressure pumping down 12% while other service lines down 4%.
- Net income of $18.8M ($0.09 diluted EPS) vs $32.4M ($0.15) in Q2; net income margin fell 330 bps to 5.6%.
- Adjusted EBITDA of $55.2M, down 19% sequentially; margin 16.4% vs 18.8% in Q2.
- Technical Services operating income $16.3M (-46% seq); Support Services operating income $5.3M (+21% seq).
- Declared $0.04/share quarterly dividend payable Dec 10, 2024; ended quarter with $276.9M cash and no debt.

## SEC filing metadata
- accession: 0001558370-24-013561
- form_type: 8-K
- ticker: RES
- cik: 0000742278
- company_name: RPC INC
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/742278/000155837024013561/0001558370-24-013561-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/742278/000155837024013561/res-20241024x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-013561
- JSON: https://secwatch.observer/filing/0001558370-24-013561.json
- Plain text: https://secwatch.observer/filing/0001558370-24-013561.txt

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