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Rignet Inc (RNET)

Rignet Inc (RNET)
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RigNet, Inc is engaged in providing data network infrastructure serving the remote communications needs of the oil and gas industry. The Company delivers voice, data, video and other value-added services such as real-time management services through a Internet Protocol/Multiprotocol Label Switching, or IP/MPLS, global network. RigNet operates its business through three reportable segments: eastern hemisphere, western hemisphere and U.S. land. The eastern hemisphere segment provides services outside USA in the eastern part; western hemisphere provides services outside USA in the western part; while the U.S. land segment offers services to facilities located onshore in North America. RigNet, Inc is headquartered in Houston, Texas.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2020 Sep, 2020 Jun, 2020 Mar, 2020 Dec, 2019
Sales 47,050 48,720 53,390 58,760 64,100
Sales Growth -3.43% -8.75% -9.14% -8.33% +5.10%
Net Income -9,110 -5,540 -4,320 -26,840 -520
Net Income Growth -64.44% -28.24% +83.90% -5,061.55% -6.12%
(Values in U.S. Thousands) Dec, 2020 Sep, 2020 Jun, 2020 Mar, 2020 Dec, 2019
Total Assets 182,810 199,480 218,030 217,590 250,980
Total Assets Growth -8.36% -8.51% +0.20% -13.30% +3.22%
Total Liabilities 181,500 192,300 205,790 201,520 204,100
Total Liabilities Growth -5.62% -6.56% +2.12% -1.26% +2.23%
(Values in U.S. Thousands) Dec, 2020 Sep, 2020 Jun, 2020 Mar, 2020 Dec, 2019
Operating Cash Flow 32,650 18,720 7,030 3,550 -20,280
Operating Cash Flow Growth +74.41% +166.29% +98.03% +117.50% +21.85%
Net Cash Flow -970 3,880 2,590 670 -8,790
Change in Net Cash Flow -125.00% +49.81% +286.57% +107.62% -17.67%
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