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RigNet Continues to Muddle Along

TheMotleyFool

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Conditions in the oil market continued their slow yet uneven improvement during the second quarter. As a result, RigNet (NASDAQ: RNET) once again reported mixed results. While its revenue improved, the company continues to lose money. That unevenness will likely continue, given the renewed volatility in the oil market, though RigNet does see several positives that should help propel its results in the future.

Metric

Q2 2019

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