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RigNet Inc (RNET.OQ)

RNET.OQ on NASDAQ Stock Exchange Global Select Market

18.15USD
19 Jan 2018
Change (% chg)

$-0.45 (-2.42%)
Prev Close
$18.60
Open
$18.40
Day's High
$18.40
Day's Low
$17.65
Volume
12,205
Avg. Vol
10,729
52-wk High
$22.90
52-wk Low
$14.25

Latest Key Developments (Source: Significant Developments)

RigNet Says Board Voted To Increase The Size Of Board From 9 To 10 Directors ‍​‍​
Thursday, 11 Jan 2018 

Jan 10 (Reuters) - RigNet Inc ::RIGNET SAYS BOARD UNANIMOUSLY VOTED TO INCREASE THE SIZE OF BOARD FROM 9 TO 10 DIRECTORS ‍​- SEC FILING ‍​.  Full Article

Rignet posts Q3 GAAP loss of $0.23 per share
Tuesday, 7 Nov 2017 

Nov 6 (Reuters) - Rignet Inc :Rignet announces third quarter 2017 earnings results.Q3 GAAP loss per share $0.23.Q3 revenue $50.8 million.  Full Article

Rignet Inc qtrly loss per share $0.27
Tuesday, 9 Aug 2016 

Rignet Inc : Quarterly revenue of $54.9 million .Quarterly gaap net loss attributable to common stockholders of $4.8 million, $0.27 per share.  Full Article

Rignet sees yearly cost savings of about $3.5 million
Friday, 15 Jul 2016 

Rignet Inc :Expects to achieve annualized savings from personnel, facility and other reductions of approximately $3.5 million.  Full Article

Rignet Inc announces global restructuring plan
Friday, 15 Jul 2016 

Rignet Inc [RNET.O] : Implementing cost restructuring plan that seeks to reduce costs by reducing layers of management and streamlining decision making . Expense reduction component of the plan is scheduled to be substantially carried out and complete by December 31, 2016 . Expects to take charge of approximately $4.5 million in Q3 of 2016 for employee severance expenses, facility dispositions and other matters .Plan involves a reduction across the company of approximately 12 pct of the employee base.  Full Article

RigNet names Steven Pickett CEO
Wednesday, 1 Jun 2016 

RigNet Inc : Steven E. Pickett named Chief Executive Officer at RigNet . Pickett succeeds Marty Jimmerson, who has served as interim chief executive officer and president .Pickett most recently served as chief executive officer and president of 21st Century Towers.  Full Article

Rignet renames former TSI business as Rignet Systems Integration and Automation
Saturday, 21 May 2016 

Rignet Inc : Rignet Inc says former TSI business has been renamed Rignet Systems Integration and Automation . Rignet inc says new integrated structure will result in reduction of annual costs of approximately $1.0 million . In connection with restructuring, gerry gutierrez, group vice president of TSI departed company .Rignet announces TSI restructuring plan.  Full Article

Rignet reports Q1 loss per share $0.08
Tuesday, 10 May 2016 

Rignet Inc : Rignet announces first quarter 2016 earnings results . Q1 cash earnings per share $0.52 . Q1 gaap loss per share $0.08 .Q1 revenue $62.3 million.  Full Article

BRIEF-RigNet Says Board Voted To Increase The Size Of Board From 9 To 10 Directors ‍​‍​

* RIGNET SAYS BOARD UNANIMOUSLY VOTED TO INCREASE THE SIZE OF BOARD FROM 9 TO 10 DIRECTORS ‍​- SEC FILING ‍​ Source text: (http://bit.ly/2qTZbzk) Further company coverage: