RPC reported third-quarter 2026 revenue of $467.7 million, up 1% from the prior quarter, but a net loss of $41.9 million, or $0.20 per share, after non-cash impairment charges of $74.5 million tied to its Pintail wireline business. Excluding those charges and certain other items, adjusted diluted EPS rose to $0.10 from $0.08, and the board declared a regular quarterly dividend of $0.04 per share.
Revenue rose to $467.7 million from $460.9 million in the prior quarter; net loss of $41.9 million compared with net income of $12.1 million in 2Q:26
Impairment charges of $74.5 million related to Pintail, of which $58.3 million was for other intangible assets
Adjusted diluted EPS was $0.10 versus $0.08 in 2Q:26; Adjusted EBITDA was $71.5 million, an 8% increase
Quarterly dividend of $0.04 per share is payable December 10, 2026, to holders of record on November 10, 2026; year-to-date free cash flow was $5.0 million
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.