RPC, Inc. Reports First Quarter 2021 Financial Results

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RPC Inc (RES) Reports In-Line Q1 EPS, Revenues Beat

April 28, 2021 6:49 AM EDT

RPC Inc (NYSE: RES) reported Q1 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at $182.6 million versus the consensus estimate of $157.61 million.

Management Commentary

"First quarter revenues increased compared to the prior quarter in all of our major service lines as oil prices increased and customers initiated their annual... More