RigNet Announces First Quarter 2016 Earnings Results

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RigNet (RNET) Posts Cash EPS of $0.52

May 9, 2016 4:12 PM EDT

RigNet (NASDAQ: RNET) reported Q1 cash EPS of $0.52, which may not compare to the analyst estimate of $0.06. Revenue for the quarter came in at $62.3 million versus the consensus estimate of $58.91 million.

Marty L. Jimmerson, interim chief executive officer and president, commented, During the first... More