Market Overview

Gogo: Q3 Earnings Insights

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Shares of Gogo (NASDAQ:GOGO) moved higher by 1.3% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 60.71% year over year to ($0.11), which beat the estimate of ($0.77).

Revenue of $66,525,000 decreased by 66.93% from the same period last year, which missed the estimate of $111,430,000.

Guidance

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

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

How To Listen To The Conference Call

Date: Nov 09, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/sjjwau7u

Recent Stock Performance

52-week high: $11.97

Company's 52-week low was at $1.33

Price action over last quarter: Up 163.10%

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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Posted-In: Earnings News