Recap: Gogo Q2 Earnings

Shares of Gogo GOGO moved higher by 3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 225.00% over the past year to ($1.04), which missed the estimate of ($0.88).

Revenue of $96,640,000 declined by 54.77% from the same period last year, which beat the estimate of $90,340,000.

Looking Ahead

Gogo hasn't issued any earnings guidance for the time being.

Gogo hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 10, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/8x8it37k

Technicals

52-week high: $7.23

52-week low: $1.33

Price action over last quarter: Up 86.93%

Company Profile

Gogo Inc is a US-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.

GOGO Logo
GOGOGogo Inc
$11.543.87%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
87.49
Growth
18.06
Quality
Not Available
Value
22.69
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Comments
Loading...