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RigNet, Inc. (RNET)

Stock Price: $8.90 USD -0.14 (-1.55%)
Updated Mar 5, 2021 4:00 PM EST - Market closed
Market Cap 187.00M
Revenue (ttm) 224.97M
Net Income (ttm) -37.22M
Shares Out 22.57M
EPS (ttm) -1.76
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a
Trading Day March 5
Last Price $8.90
Previous Close $9.04
Change ($) -0.14
Change (%) -1.55%
Day's Open 9.10
Day's Range 8.45 - 9.16
Day's Volume 437,897
52-Week Range 0.77 - 11.19

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PRNewsWire - 3 weeks ago

NEW YORK, Feb. 12, 2021 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a national securities firm rated Top 50 in the 2018 and 2019 ISS Securities...

PRNewsWire - 3 weeks ago

NEW YORK, Feb. 12, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: RigNet, Inc. (NASDAQ: RNET) concerning potential ...

GlobeNewsWire - 1 month ago

WILMINGTON, Del., Feb. 04, 2021 (GLOBE NEWSWIRE) -- Rigrodsky Law, P.A. announces that it is investigating:

Other stocks mentioned: FSRV, LCYAU, VSPR
Business Wire - 1 month ago

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of RigNet, ...

PRNewsWire - 1 month ago

NEW YORK, Jan. 28, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: RigNet, Inc. (NASDAQ: RNET) concerning poten...

PRNewsWire - 1 month ago

NEW YORK, Jan. 21, 2021 /PRNewswire/ -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: RigNet, Inc. (NASDAQ: RNET) concerning poten...

PRNewsWire - 2 months ago

NEW YORK, Dec. 21, 2020 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of RigNet, Inc. ("RigNet" or the...

PRNewsWire - 2 months ago

NEW YORK, Dec. 21, 2020 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by RigNet, Inc. (NASDAQ: RNET) and its board of directors concerning the proposed a...

Other stocks mentioned: VSAT
Zacks Investment Research - 2 months ago

With the latest acquisition, Viasat (VSAT) creates a vertically integrated communications company that will serve customers in varied industries.

Other stocks mentioned: VSAT
Business Wire - 2 months ago

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of RigNet, Inc. (NASDAQ: RNET) to Viasat, Inc. for 0.1845 Viasat common shares...

PRNewsWire - 2 months ago

CARLSBAD, Calif., Dec. 21, 2020 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced it entered into a definitive agreement to acquire RigNet, Inc. (NAS...

Other stocks mentioned: VSAT
PRNewsWire - 2 months ago

HOUSTON, Dec. 21, 2020 /PRNewswire/ -- RigNet, Inc. (NASDAQ: RNET, the "Company"), a leading provider of ultra-secure, intelligent networking solutions and specialized applications, announced ...

Other stocks mentioned: VSAT
PRNewsWire - 2 months ago

HOUSTON, Dec. 15, 2020 /PRNewswire/ -- RigNet, Inc. (NASDAQ: RNET) today announced the extension of its contract with ProPetro Services, Inc. ("ProPetro") a subsidiary of ProPetro Holding Corp...

Other stocks mentioned: PUMP
PRNewsWire - 3 months ago

HOUSTON, Nov. 18, 2020 /PRNewswire/ -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure satellite communications and intelligent networking solutions, announced today that it ...

PRNewsWire - 3 months ago

HOUSTON, Nov. 12, 2020 /PRNewswire/ -- RigNet, Inc. (NASDAQ: RNET) (the "Company"), a leading provider of ultra-secure, intelligent networking solutions and specialized applications, announced...

Seeking Alpha - 3 months ago

RigNet, Inc. (RNET) CEO Steve Pickett on Q3 2020 Results - Earnings Call Transcript

PRNewsWire - 4 months ago

HOUSTON, Oct. 28, 2020 /PRNewswire/ -- RigNet, Inc. (NASDAQ: RNET) today announced that it will release its third quarter 2020 earnings results after the NASDAQ Exchange closes on Thursday, No...

PRNewsWire - 5 months ago

HOUSTON, Oct. 5, 2020 /PRNewswire/ -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure managed communications services and advanced software solutions, announced today that it...

Seeking Alpha - 6 months ago

RigNet, Inc. (RNET) CEO Steve Pickett on Q2 2020 Results - Earnings Call Transcript

GlobeNewsWire - 7 months ago

HOUSTON, Aug. 06, 2020 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET, the “Company”), a leading provider of ultra-secure, intelligent networking solutions and specialized applications, anno...

GlobeNewsWire - 7 months ago

HOUSTON, Aug. 03, 2020 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET) today announced that it will release its second quarter 2020 earnings results after the NASDAQ Exchange closes on Thurs...

GlobeNewsWire - 7 months ago

Alliance brings unparalleled security and connectivity to the government’s mobile tenant environment Alliance brings unparalleled security and connectivity to the government’s mobile tenant en...

GlobeNewsWire - 8 months ago

Cyphre’s newly patented encryption now operates at 5x the speed and is optimized for harsh edge environments Cyphre’s newly patented encryption now operates at 5x the speed and is optimized fo...

GlobeNewsWire - 8 months ago

RigNet Expands Reach to Outside Energy Vertical with Microsoft Co-Sell RigNet Expands Reach to Outside Energy Vertical with Microsoft Co-Sell

Seeking Alpha - 9 months ago

RigNet Inc. (RNET) CEO Steve Pickett on Q1 2020 Results - Earnings Call Transcript

Benzinga - 9 months ago

Shares of RigNet (NASDAQ:RNET) rose 7% in pre-market trading after the company reported Q1 results.

GlobeNewsWire - 9 months ago

HOUSTON, May 08, 2020 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET, the “Company”), a leading provider of ultra-secure, intelligent networking solutions and specialized applications, annou...

GlobeNewsWire - 11 months ago

Update to March 24, 2020 release Update to March 24, 2020 release

GlobeNewsWire - 11 months ago

HOUSTON, March 24, 2020 (GLOBE NEWSWIRE) -- RigNet (NASDAQ: RNET, “RigNet”), the leading provider of ultra-secure, intelligent networking solutions announced today that it has been awarded a...

Seeking Alpha - 1 year ago

RigNet, Inc. (RNET) CEO Steve Pickett on Q4 2019 Results - Earnings Call Transcript

GlobeNewsWire - 1 year ago

HOUSTON, March 03, 2020 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET, the “Company”), the leading provider of ultra-secure, intelligent networking solutions, announced today that it is par...

GlobeNewsWire - 1 year ago

HOUSTON, Feb. 26, 2020 (GLOBE NEWSWIRE) -- RigNet (NASDAQ: RNET, the “Company”), the leading provider of ultra-secure, intelligent networking solutions, announced today that the Federal Info...

GlobeNewsWire - 1 year ago

HOUSTON, Feb. 24, 2020 (GLOBE NEWSWIRE) -- RigNet (NASDAQ: RNET, the "Company"), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has successfu...

GlobeNewsWire - 1 year ago

HOUSTON, Feb. 10, 2020 (GLOBE NEWSWIRE) -- RigNet (NASDAQ: RNET, the “Company”), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has signed a ...

GlobeNewsWire - 1 year ago

HOUSTON, Jan. 06, 2020 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions, today announced organizational changes designe...

GlobeNewsWire - 1 year ago

HOUSTON, Dec. 11, 2019 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions, today launched a major expansion of its Adapti...

Seeking Alpha - 1 year ago

RigNet (RNET) CEO Steve Pickett on Q3 2019 Results - Earnings Call Transcript

The Motley Fool - 1 year ago

The offshore-focused service company came out ahead.

GlobeNewsWire - 1 year ago

HOUSTON, Nov. 05, 2019 (GLOBE NEWSWIRE) -- RigNet (NASDAQ: RNET, the company), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has signed a mu...

GlobeNewsWire - 1 year ago

HOUSTON, Oct. 28, 2019 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET) today announced that it will release its third quarter 2019 earnings results after the NASDAQ Exchange closes Thursday,...

GlobeNewsWire - 1 year ago

HOUSTON, Oct. 22, 2019 (GLOBE NEWSWIRE) -- RigNet, Inc. (NASDAQ: RNET), the leading provider of ultra-secure, intelligent networking solutions announced today that it has completed the conso...

The Motley Fool - 1 year ago

The offshore communications and software provider is riding the commodities roller coaster once again.

GlobeNewsWire - 1 year ago

HOUSTON, Sept. 09, 2019 (GLOBE NEWSWIRE) -- RigNet (NASDAQ: RNET, the company), the leading provider of ultra-secure, intelligent networking solutions, announced today that it has been award...

GlobeNewsWire - 1 year ago

RigNet’s Intelie Live platform delivers higher productivity and improved financial performance RigNet’s Intelie Live platform delivers higher productivity and improved financial performance

The Motley Fool - 1 year ago

The provider of remote communications solutions continues to feel pressure from volatile oil prices.

The Motley Fool - 1 year ago

The offshore telecommunications service provider's second-quarter results failed to impress.

The Motley Fool - 1 year ago

The provider of remote communications solutions is seeing several positives that have it increasingly optimistic about what lies ahead.

The Motley Fool - 1 year ago

Slowing growth in oil demand hurts a supplier to offshore drillers.

Seeking Alpha - 1 year ago

RigNet, Inc. (RNET) CEO Steven Pickett on Q1 2019 Results - Earnings Call Transcript

The Motley Fool - 1 year ago

The provider of remote communications solutions is starting to see a pickup in offshore services.

About RNET

RigNet, a technology company, provides customized communications services, applications, and cybersecurity solutions in the United States and internationally. The company operates through three segments: Managed Communications Services, Applications and Internet-of-Things (Apps & IoT), and Systems Integration. The Managed Communications Services segment provides remote communication, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites. This segment also sel... [Read more...]

Industry
Oil & Gas Equipment & Services
IPO Date
Dec 15, 2010
CEO
Steven Pickett
Employees
625
Stock Exchange
NASDAQ
Ticker Symbol
RNET
Full Company Profile

Financial Performance

In 2019, RigNet's revenue was $242.93 million, an increase of 1.71% compared to the previous year's $238.85 million. Losses were -$19.16 million, -69.33% less than in 2018.

Financial Statements

Analyst Forecasts

According to one analyst, the rating for RigNet stock is "Hold" and the 12-month stock price forecast is 6.00.

Price Target
$6.00
Analyst Consensus: Hold