RES - RPC Non-GAAP EPS of $0.30 misses by $0.06 revenue of $415.9M misses by $68.05M
2023-07-26 06:52:01 ET
- RPC press release ( NYSE: RES ): Q2 Non-GAAP EPS of $0.30 misses by $0.06 .
- Revenue of $415.9M (+10.8% Y/Y) misses by $68.05M .
- Adjusted earnings before interest, taxes, depreciation, and amortization for the second quarter of 2023 was $110.1 million, a decrease compared to $132.9 million in the first quarter.
- The average U.S. domestic rig count during the second quarter of 2023 was 719, a 5.4 percent decrease compared to the first quarter of 2023, and unchanged compared to the same period in 2022.
- The average price of oil during the second quarter of 2023 was $73.54 per barrel, a 3.2 percent decrease compared to the first quarter of 2023, and a 32.5 percent decrease compared to the same period in 2022.
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RPC Non-GAAP EPS of $0.30 misses by $0.06, revenue of $415.9M misses by $68.05M