RigNet (RNET) Misses Q2 EPS by 18c

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RigNet Announces Second Quarter 2017 Earnings Results

August 7, 2017 4:06 PM EDT

Quarterly revenue of $49.2 million consisting of:  -- Managed Services revenue of $43.1 million,  -- Systems Integration and Automation (SI&A) revenue of $6.1 million  Quarterly GAAP Net Loss attributable to common stockholders of $4.2 million, $0.24 per share Quarterly Adjusted EBITDA of $6.1 million  Quarterly Unlevered Free Cash Flow of $1.1 million after capital expenditures of $4.9 million

 HOUSTON, Aug. 07, 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, today... More