NASDAQ:RNET

RigNet (RNET) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$9.60
$9.60
50-Day Range
$8.52
$9.82
52-Week Range
$0.82
$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
RNET stock logo

About RigNet Stock (NASDAQ:RNET)

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.

RNET Stock News Headlines

RNET Historical Data
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Form 10-Q VIASAT INC For: Jun 30 - StreetInsider.com
The Top In-House Hires Of March - Law360
See More Headlines
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Company Calendar

Last Earnings
3/15/2021
Today
4/25/2024

Industry, Sector and Symbol

Industry
Communication Services
Sub-Industry
Oil & Gas Equipment & Services
Current Symbol
NASDAQ:RNET
CUSIP
76658210
Fax
N/A
Employees
625
Year Founded
N/A

Profitability

Net Income
$-19,160,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$242.93 million
Cash Flow
$0.65 per share
Book Value
$2.35 per share

Miscellaneous

Free Float
N/A
Market Cap
$201.75 million
Optionable
Optionable
Beta
2.55
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Key Executives

  • Steven E. Pickett
    President, Chief Executive Officer & Director
  • Errol J. Olivier
    Chief Operating Officer & Senior Vice President
  • Lee Michael Ahlstrom
    Chief Financial Officer & Senior Vice President
  • Brendan SullivanBrendan Sullivan
    Chief Technology & Information Officer
  • Brad Eastman
    Senior Vice President & General Counsel

RNET Stock Analysis - Frequently Asked Questions

How were RigNet's earnings last quarter?

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

What is Steven E. Pickett's approval rating as RigNet's CEO?

30 employees have rated RigNet Chief Executive Officer Steven E. Pickett on Glassdoor.com. Steven E. Pickett has an approval rating of 42% among the company's employees. This puts Steven E. Pickett in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of RigNet own?

Based on aggregate information from My MarketBeat watchlists, some companies that other RigNet investors own include Advanced Micro Devices (AMD), NVIDIA (NVDA), Boeing (BA), Intel (INTC), B2Gold (BTG), Novavax (NVAX), Transocean (RIG), Skyworks Solutions (SWKS), Micron Technology (MU) and Valero Energy (VLO).

This page (NASDAQ:RNET) was last updated on 4/25/2024 by MarketBeat.com Staff

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