Brief: Gogo Announces Record Results And Updates 2022 Guidance

Gogo

05/08/2022 13:06

Aug 5 (Reuters) - Gogo Inc  GOGO.O :
    * GOGO ANNOUNCES RECORD RESULTS AND UPDATES 2022 GUIDANCE
    * Q2 EARNINGS PER SHARE $0.17 FROM CONTINUING OPERATIONS
    * Q2 REVENUE ROSE 19 PERCENT TO $97.8 MILLION
    * SEES TOTAL REVENUE AT HIGH END OF PREVIOUSLY GUIDED RANGE
OF
$390 MILLION TO $400 MILLION FOR 2022
    * SEES REVENUE GROWTH AT A COMPOUND ANNUAL GROWTH RATE OF
APPROXIMATELY 17% FROM 2021 THROUGH 2026
    * Q2 EARNINGS PER SHARE VIEW $0.14, REVENUE VIEW $94.1
MILLION --
REFINITIV IBES DATA
    * FY2022 REVENUE VIEW $395.9 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nPn7DRtYda 
Further company coverage:  GOGO.O