RigNet (RNET) Misses Q4 EPS by 20c, Revenue Beats

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Go back to RigNet (RNET) Misses Q4 EPS by 20c, Revenue Beats

RigNet Announces Fourth Quarter and Full Year 2017 Earnings Results

March 6, 2018 4:05 PM EST

Quarterly revenue of $56.8 million consisting of:
- Managed Services revenue of $41.7 million
- Applications and Internet-of-Things (Apps & IoT) revenue of $5.8 million
- Systems Integration revenue of $9.3 million
 Quarterly GAAP Net Loss attributable to common stockholders of $5.7 million, $0.31 per share
 Quarterly Adjusted EBITDA (a non-GAAP measure) of $8.5 million
 Quarterly Unlevered Free Cash Flow (a non-GAAP measure) of $4.6 million after capital expenditures of $4.0 million          

HOUSTON, March 06, 2018 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), a global technology company that provides... More