RigNet (RNET) Posts Cash EPS of $0.52

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Go back to RigNet (RNET) Posts Cash EPS of $0.52

RigNet Announces First Quarter 2016 Earnings Results

May 9, 2016 4:08 PM EDT

Quarterly revenue of $62.3 million consisting of: Managed Services revenue of $54.4 million,Telecoms Systems Integration (TSI) revenue of $7.9 million  Settlement of the TSI contractual dispute, resulting in: Incremental Revenue of $2.3 million,Incremental Adjusted EBITDA of $2.1 million Quarterly Adjusted EBITDA of $10.7 million 

HOUSTON, May 09, 2016 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), a leading global provider of digital technology solutions focusing on serving energy facilities, maritime vessels and other global remote locations, today reported... More