RPC Reports Q3 Net Loss on $74.5M Impairment
RPC reported Q3 2026 revenue of $467.7 million, a net loss of $41.9 million due to $74.5 million in non-cash impairments, and adjusted EBITDA of $71.5 million, up 8% sequentially. The board declared a $0.04 quarterly dividend payable Dec. 10, 2026.
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10:48:21 AM UTC
SquawkNews
Oct 29 (Reuters) - RPC Q3 net income USD -41.929 million.
RPC reported Q3 2026 revenue of $467.7M, a net loss of $41.9M due to $74.5M non-cash impairments, and adjusted EBITDA of $71.5M, up 8% sequentially. The board declared a $0.04 quarterly dividend payable Dec. 10, 2026.Material DetailsContext by AI AnalystThis is a mid-cycle update showing sequential…