RigNet Continues to Feel the Pain of a Weak Energy Sector in FY 2020 Results

RigNet saw its overall Full Year 2020 revenues decrease 14.4% compared to 2019, due to a continued economic slump in the energy sector. But, the company is beginning to see some signs of life from its applications and Internet of Things (IoT) businesses as it enters the process of being acquired by satellite operator Viasat.

Posted: 2021-03-16 18:48:00

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