RigNet Inc's Revenue Rises as Its Site Count Increases [The Motley Fool]
RIGNET (RNET)
Last rignet earnings: 5/7 04:20 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.rig.net/investors
Company Research
Source: The Motley Fool
The provider of remote communications solutions benefitted from bundling. The improvement in the oil market is starting to have a noticeable impact on RigNet 's ( NASDAQ:RNET ) financial results. While the company lost money again in the first quarter, revenue rose sharply versus the year-ago period due to the impact of improving market conditions and recent acquisitions. Those two catalysts should continue acting as tailwinds in 2018, which looks like it will be a much better year for the offshore oil service company. RigNet results: The raw numbers Metric Q1 2018 Q1 2017 Year-Over-Year Change Revenue $53.8 million $48.1 million 12% Net income (loss) ($5.6 million) ($2.0 million) N/A EPS ($0.31) ($0.11) N/A Data source: RigNet Inc. EPS=earnings per share. Image source: Getty Images. What happened with RigNet this quarter? Recent acquisitions and imp
Show less
Read more
Impact Snapshot
Event Time:
RNET
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
RNET alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
RNET alerts
High impacting RIGNET news events
Weekly update
A roundup of the hottest topics