New Technologies Help Push RigNet Inc.'s Revenue Higher

New Technologies Help Push RigNet Inc.'s Revenue Higher

RigNet (NASDAQ: RNET) continued to battle a sluggish offshore drilling market in the third quarter, which weighed on results. However, the company has been working to overcome those weak market conditions by acquiring new technologies to diversify and grow its business. Those recent deals have provided the company with what it hopes will be a new growth engine while it waits for the eventual recovery in the offshore market. 

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Q3 2017

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Source: Fool.com