Market Overview

Recap: Gogo Q2 Earnings

Share:

Shares of Gogo (NASDAQ: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.

 

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