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AI brief of an SEC Form 8-K · RPC (RES)

RPC swings to $41.9 million Q3 loss on $74.5 million Pintail impairment

Mixed Impact 4 of 5 earnings

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.

Key points

  • 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

The filing

CompanyRPC (RES)
Form8-K, current report
Filed with the SECOct 29, 2026, 6:45 AM ET
Accession number0001104659-26-119827

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 7, 2026, 11:18 PM ET, from this filing only.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.