Gogo: Q3 Earnings Insights
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.