RPC: Q4 Financial Highlights

RPC Inc. Reports Fourth Quarter Financial Results

RPC Inc., headquartered in Atlanta, announced a net loss of $3.1 million for the fourth quarter.

The company recorded a loss of 2 cents per share during this period. However, after adjusting for one-time expenses, earnings were 4 cents per share.

During the quarter, the oilfield services provider generated $425.8 million in revenue.

For the full year, RPC Inc. achieved a net income of $32.1 million, translating to 15 cents per share, with total annual revenue reaching $1.63 billion.