RPC, Inc. (RES) reported third quarter net loss of $10.39 million or $0.11 per share, compared to net income of $25.78 million or $0.26 per share last year.
On average, 4 analysts polled by Thomson Reuters expected the company to report loss of $0.11 per share. Analysts' estimates typically exclude special items.
Revenues decreased 44.3% to $132.16 million from $237.22 million in the third quarter last year.
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