RigNet (RNET) Posts Q3 GAAP Loss of $0.23/Share

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Go back to RigNet (RNET) Posts Q3 GAAP Loss of $0.23/Share

RigNet Announces Third Quarter 2017 Earnings Results

November 6, 2017 4:10 PM EST

Quarterly revenue of $50.8 million consisting of:- Managed Services revenue of $40.2 million- Applications and Internet-of-Things (Apps & IoT) revenue of $5.0 million- Systems Integration revenue of $5.6 million  Quarterly GAAP Net Loss attributable to common stockholders of $4.2 million, $0.23 per share Quarterly Adjusted EBITDA of $7.8 million  Quarterly Unlevered Free Cash Flow of $2.0 million after capital expenditures of $5.9 million            

HOUSTON, Nov. 06, 2017 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), a global technology company that provides customized communications services, applications and cybersecurity solutions, today reported... More