Recap: Gogo Q1 Earnings

Gogo (NASDAQ:GOGO) reported its Q1 earnings results on Wednesday, May 3, 2023 at 07:01 AM.

Here's what investors need to know about the announcement.

Gogo beat estimated earnings by 15.38%, reporting an EPS of $0.15 versus an estimate of $0.13.

Revenue was up $5.85 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 2.07% drop in the share price the next day.

Here's a look at Gogo's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.16	0.15	0.14	0.13
EPS Actual	0.21	0.15	0.17	0.18
Revenue Estimate	107.10M	101.91M	94.12M	89.30M
Revenue Actual	108.16M	105.32M	97.84M	92.75M

To track all earnings releases for Gogo visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.