RigNet, Inc. (NASDAQ:RNET)

About the company

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 (MCS), Applications & Internet-of-Things (Apps & IoT), Systems Integration (SI) 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.

Sector

Communications

Industry

Specialty Telecommunications

Employees

625

CEO

Steven E. Pickett

Exchange

NASDAQ

Website

http://www.rig.net

$244.00M

Total Revenue

625

Employees

$36.00M

Market Capitalization

-1.07

Price/Earning ratio

Stock price

Gross Margin (in %)

Total gross margin

$93M

Operating Margin (in %)

Total operating margin

$1M

Net Margin (in %)

Total net margin

$-34M

Dividend Yield (in %)

Dividend per share

$0

Industry peers

Name Ticker Market capitalization (in USD Million) Revenues (in USD Million) Price/Book Price/Earning Net margin (in %)
CenturyLink, Inc. CTL 10524.25 22202.00 0.81 8.59 5.45
Zayo Group Holdings, Inc. ZAYO 8327.62 2590.00 5.63 47.28 6.83
GCI Liberty, Inc. GLIBA 7577.94 913.00 1.35 12.08 68.83
Cogent Communications Holdings, Inc. CCOI 3739.80 553.00 -17.26 100.37 6.79
Vonage Holdings Corp. VG 2481.03 1207.00 4.64 -102.10 -1.88
Cincinnati Bell, Inc. CBB 746.00 1537.00 -2.37 -8.99 -5.47
Loral Space & Communications, Inc. LORL 609.46 1107.00 2.34 -8.66 11.44
GTT Communications, Inc. GTT 467.40 1702.00 2.45 -2.89 -9.51
WideOpenWest, Inc. WOW 425.25 1143.00 -1.85 15.00 2.46
IDT Corp. IDT 166.66 1342.00 2.98 91.57 0.11
PCTEL, Inc. PCTI 122.58 88.00 1.83 35.84 3.86
Remark Holdings, Inc. MARK 103.84 5.00 -8.43 -4.07 -510.24
Kaleyra, Inc. KLR 68.64 163.00 -2.20 -5.72 -8.36
RigNet, Inc. RNET 36.00 244.00 2.31 -1.07 -13.93
Otelco, Inc. OTEL 35.04 62.00 1.90 5.19 12.39
CounterPath Corp. CPAH 29.70 11.00 17.68 -10.53 -26.37
Global Eagle Entertainment, Inc. ENT 17.92 657.00 -0.04 -0.11 -23.36

Latest insider transactions

Date Role Name Transaction Quantity Quantity Owned After

RigNet Announces Major Cybersecurity Enhancements

4d ago, source: YAHOO!

RigNet (NASDAQ: RNET, the “Company”), the leading provider of ultra-secure, intelligent networking solutions, announced today that Cyphre has enhanced.

Skandinaviska Enskilda Banken AB publ Has $1.22 Million Stake in RigNet Inc (NASDAQ:RNET)

2d ago, source: theenterpriseleader.com

Skandinaviska Enskilda Banken AB publ lowered its position in shares of RigNet Inc (NASDAQ:RNET) by 17.5% in the first ...

RigNet (NASDAQ:RNET) & Intelsat (NASDAQ:INTEQ) Critical Survey

13d ago, source: modernreaders.com

RigNet (NASDAQ:RNET) and Intelsat (OTCMKTS:INTEQ) are both small-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength ...

Thinking about buying stock in IZEA Worldwide, RigNet Inc, Sorrento Therapeutics, Hexo Corp, or Coty Inc?

25d ago, source: Morningstar%2c Inc.

NEW YORK, June 9, 2020 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for IZEA, RNET, SRNE, HEXO, and COTY. To see how InvestorsObserver's proprietary scoring system rates ...

RigNet, Inc. (NASDAQ:RNET) Files An 8-K Entry into a Material Definitive Agreement

17d ago, source: MarketWatch

RigNet, Inc. (RigNet) is a provider of digital technology solutions to the oil and gas industry. The Company provides managed remote communications, managed services and collaborative applications ...

RigNet’s Intelie Achieves Microsoft Co-Sell Ready Status

19d ago, source: Nasdaq

RigNet undertakes no obligation and does not ... AhlstromSenior Vice President and Chief Financial OfficerRigNet, Inc.Tel: +1 (281) 674-0699 Sign up for our newsletter to get the latest on the ...

RigNet Announces Major Cybersecurity Enhancements

5d ago, source: Stockhouse

About RigNet, Inc.: RigNet (NASDAQ: RNET) delivers advanced software and communications infrastructure that allow our customers to realize the business benefits of digital transformation. With ...



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