RigNet (RNET) Tops Q4 EPS by 43c

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RigNet Announces Fourth Quarter and Full Year 2014 Earnings Results

March 2, 2015 4:01 PM EST

Quarterly revenue of $86.7 million for the fourth quarter, including $24.6 million from the Enterprise Energy business unit acquired from Inmarsat. Organic revenue increased by $2.4 million, or 4.0%, over the same quarter last year Quarterly Adjusted EBITDA of $18.5 million, an increase of 21.9% over the same quarter last year Quarterly Cash EPS of $14.0 million, or $0.78 per diluted share, for the fourth quarter, an increase of $0.06 per diluted share, or $9.4% over the same quarter last year

HOUSTON, March 2, 2015 (GLOBE NEWSWIRE) -- RigNet, Inc. (Nasdaq: RNET), a leading global... More