RigNet (RNET) Tops Q3 EPS by 1c

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RigNet Announces Third Quarter 2016 Earnings Results

November 7, 2016 4:08 PM EST

Quarterly revenue of $50.6 million consisting of: Managed Services revenue of $47.2 million,Telecoms Systems Integration (TSI) revenue of $3.4 million              Quarterly GAAP Net Loss attributable to common stockholders of $1.7 million, $0.09 per shareQuarterly Adjusted EBITDA of $8.5 million Quarterly Unlevered Free Cash Flow of $6.6 million after capital expenditures of $1.9 million            

HOUSTON, Nov. 07, 2016 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), a leading global provider of customized systems and solutions serving customers with complex data networking and operational requirements, today reported... More