Benzinga | Aug 6, 2020 05:15PM EDT

RigNet Q2 EPS $(0.21) Up From $(0.32) YoY, Sales $53.34M Beat $48.42M Estimate

RigNet (NASDAQ:RNET) reported quarterly losses of $(0.21) per share. This is a 34.38 percent increase over losses of $(0.32) per share from the same period last year. The company reported quarterly sales of $53.34 million which beat the analyst consensus estimate of $48.42 million by 10.16 percent. This is a 11.59 percent decrease over sales of $60.33 million the same period last year.