RigNet: 2Q Earnings Snapshot
HOUSTON (AP) _ RigNet Inc. (RNET) on Monday reported a loss of $4.3 million in its second quarter.
The Houston-based company said it had a loss of 23 cents per share.
The communications provider for the oil and gas industry posted revenue of $60 million in the period.
RigNet shares have dropped 14 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $12.80, a fall of 32 percent in the last 12 months.