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RigNet Q1 Adj. EPS $(0.180) Beats $(0.480) Estimate, Sales $58.800M Beat $56.050M Estimate

RigNet (NASDAQ:RNET) reported quarterly losses of $(0.180) per share which beat the analyst consensus estimate of $(0.480) by 62.5 percent. This is a 71.43 percent increase over losses of $(0.630) per share from the same

Benzinga · 05/08/2020 12:12

RigNet (NASDAQ:RNET) reported quarterly losses of $(0.180) per share which beat the analyst consensus estimate of $(0.480) by 62.5 percent. This is a 71.43 percent increase over losses of $(0.630) per share from the same period last year. The company reported quarterly sales of $58.800 million which beat the analyst consensus estimate of $56.050 million by 4.91 percent. This is a 2.24 percent increase over sales of $57.510 million the same period last year.