RigNet (RNET) Stock Price, News & Analysis

Company Overview

RigNet, Inc. is a technology company, which engages in the provision of customized communications services, applications, and cybersecurity solutions. It operates through the following segments: Managed Communications Services, Applications & Internet-of-Things, Systems Integration and Corporate. The Managed Communications Services segment comprises remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites. The Applications & Internet-of-Things segment provides applications over-the-top of the network layer including Software as a Service (SaaS) offerings such as a real-time machine learning and AI data platform, edge computing solution services. The Systems Integration segment gives design and implementation services for customer telecommunications systems. The Corporate segment consists of unallocated executive and support activities, interest expense, income taxes and eliminations. RigNet was founded by Omar Kulbrandstad in 2000 and is headquartered in Houston, TX.

Key Stats

• Today's Range: $9.60 to $9.60
• 50-Day Range: $8.52 to $9.82
• 52-Week Range: $0.82 to $11.19
• Volume: N/A
• Average Volume: 171,020 shs
• Market Capitalization: $201.75 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

RNET Stock Analysis - Frequently Asked Questions

How were RigNet's earnings last quarter?

RigNet, Inc. (NASDAQ:RNET) announced its earnings results on Monday, March, 15th. The Wireless communications provider reported ($0.44) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by $0.09. The Wireless communications provider had revenue of $47.05 million for the quarter. RigNet had a negative net margin of 16.51% and a negative trailing twelve-month return on equity of 200.81%.

What other stocks do shareholders of RigNet own?

Based on aggregate information from My MarketBeat watchlists, some other companies that RigNet investors own include NVIDIA (NVDA), Intel (INTC), Transocean (RIG), Boeing (BA), B2Gold (BTG), Skyworks Solutions (SWKS) and Marvell Technology (MRVL).

Company Calendar

• Last Earnings: 3/15/2021
• Today: 7/01/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Communication Services
• Sub-Industry: Oil & Gas Equipment & Services
• Current Symbol: NASDAQ:RNET
• CIK: 1162112
• Web: www.rig.net
• Phone: (281) 674-0100
• Fax: N/A
• Employees: 625
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: -$19.16 million
• Net Margins: -16.51%
• Pretax Margin: N/A
• Return on Equity: -200.81%
• Return on Assets: -18.67%

Debt

• Debt-to-Equity Ratio: 13.96
• Current Ratio: 1.44
• Quick Ratio: 1.44

Sales & Book Value

• Annual Sales: $242.93 million
• Price / Sales: 0.83
• Cash Flow: $0.65 per share
• Price / Cash Flow: 14.77
• Book Value: $2.35 per share
• Price / Book: 4.09

Miscellaneous

• Outstanding Shares: 21,016,000
• Free Float: N/A
• Market Cap: $201.75 million
• Optionable: Optionable
• Beta: 2.55