earnings
confidence high
sentiment negative
materiality 0.70
RPC Q4 net income falls 32% sequentially to $12.8M; full-year revenue down 13%
RPC INC
2024-FY EPS reported
$0.43
revenue$1,414,999,000
- Q4 revenue $335.4M (-1% seq); net income $12.8M (-32%); diluted EPS $0.06; net income margin 3.8%.
- Full year 2024 revenue $1.4B (-13% YoY); net income $91.4M; diluted EPS $0.43; net income margin 6.5%.
- Adjusted EBITDA Q4 $46.1M (13.7% margin); full year $233.0M (16.5% margin); free cash flow $129.5M.
- Company debt-free with $326M cash; declares $0.04/share dividend payable Mar 10, 2025 to holders of record Feb 10.
- FY 2025 capex guidance $150-200M; plans to invest in innovation and pursue acquisitions; share buybacks totaled $9.9M in 2024.