RigNet, Inc. announced earnings results for the fourth quarter ended December 31, 2019. For the fourth quarter, the company announced sales was USD 64.096 million compared to USD 60.244 million a year ago. Operating loss was USD 5.613 million compared to operating Income of USD 51.274 million a year ago. Net loss was USD 523,000 compared to USD 49.721 million a year ago. Basic loss per share was USD 0.03 compared to USD 2.62 a year ago. For the full year, sales was USD 242.931 million compared to USD 238.854 million a year ago. Operating income was USD 2.070 million compared to USD 61.095 million a year ago. Net loss was USD 19.156 million compared to USD 62.453 million a year ago. Basic loss per share was USD 0.97 compared to USD 3.34 a year ago.