secwatch.observer — SEC 8-K summary
======================================

Issuer:     RPC INC (RES)
CIK:        0000742278
Form:       8-K
Filed at:   2025-01-30T23:59:59+00:00
Accession:  0001558370-25-000520
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

RPC Q4 net income falls 32% sequentially to $12.8M; full-year revenue down 13%
------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/742278/000155837025000520/0001558370-25-000520-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/742278/000155837025000520/res-20250130x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-000520

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer