RPC Inc.'s (RES) fourth-quarter net loss was $5.20 million or $0.05 per share compared with a profit of $20.41 million or $0.21 per share a year ago.
On average, 5 analysts polled by Thomson Reuters expected loss per share of $0.06 for the quarter. Analysts' estimate typically excludes one-time items.
Earnings before interest, taxes, depreciation and amortization or EBITDA for the quarter dipped to $26.08 million or $0.27 per share from $67.23 million or $0.69 per share in the prior year.
For the quarter ended December 31, 2009, revenues decreased 33.1% to $152.41 million from $227.84 million in the fourth quarter last year. Two analysts estimated revenues of $144.57 million for the quarter.
In a seperate press release, the company announced that the board declared a regular quarterly cash dividend of $0.04 per share, payable March 10, 2010 to common stockholders of record at the close of business on February 10, 2010.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.