RigNet (RNET) Misses Q1 EPS by 2c

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RigNet Announces First Quarter 2017 Earnings Results

May 8, 2017 4:44 PM EDT

Quarterly revenue of $48.1 million consisting of:-- Managed Services revenue of $44.1 million,-- Systems Integration and Automation (SI&A) revenue of $4.0 million  Quarterly GAAP Net Loss attributable to common stockholders of $2.0 million, $0.11 per share Quarterly Adjusted EBITDA of $7.2 million  Quarterly Unlevered Free Cash Flow of $4.1 million after capital expenditures of $3.2 million

HOUSTON, May 08, 2017 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), a leading global provider of customized systems and solutions serving customers with complex data networking and operational requirements,... More