HOUSTON (AP) _ RigNet Inc. (RNET) on Monday reported a loss of $9.1 million in its fourth quarter.
On a per-share basis, the Houston-based company said it had a loss of 44 cents.
The communications provider for the oil and gas industry posted revenue of $47 million in the period.
For the year, the company reported that its loss widened to $45.8 million, or $2.22 per share. Revenue was reported as $207.9 million.
RigNet shares have climbed 67% since the beginning of the year. The stock has nearly tripled in the last 12 months.
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