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RPC(RES) - 2024 Q2 - Quarterly Results
RESRPC(RES)2024-07-25 10:45

Exhibit 99.1 ATLANTA, July 25, 2024 - RPC, Inc. (NYSE: RES) ("RPC" or "the Company"), a leading diversified oilfield services company, announced its unaudited results for the second quarter ended June 30, 2024. ● Revenues decreased 4% sequentially to $364.2 million ● Net income was $32.4 million, up 18% sequentially, and diluted Earnings Per Share (EPS) was $0.15; net income margin increased 160 basis points sequentially to 8.9% ● Adjusted Earnings Before Interest, Taxes, Depreciation and Amortization (EBIT ...