RigNet (RNET) Tops Q3 EPS by 43c

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RigNet Announces Third Quarter 2015 Earnings Results

November 9, 2015 4:05 PM EST

Quarterly revenue of $66.3 million, representing decreases of 24.5% and 11.7%, respectively, over the prior year and prior quarters  Quarterly Adjusted EBITDA of $14.5 million, representing decreases of 28.2% and 21.7%, respectively, over the prior year and prior quarters Quarterly Cash Earnings of $12.2 million, representing decreases of 17.7% and 20.5%, respectively, over the prior year and prior quarters

HOUSTON, Nov. 09, 2015 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), a leading global provider of managed remote communications solutions to the oil and gas industry, today reported quarterly results for the quarter ended September 30, 2015.

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