Gogo Inc reports results for the quarter ended in March - Earnings Summary

Gogo

05/05/2022 14:32

* Gogo Inc  GOGO.OQ  reported quarterly adjusted earnings of
20
cents​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of 13 cents per share.
    * Revenue rose 25.6% to $92.75 million from a year ago; 
analysts
expected $89.30 million. 
    * Gogo Inc's reported EPS for the quarter was 20 cents​.
    * The mean earnings estimate of analysts had risen by
about 24% in
the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Gogo Inc shares had fallen by 0.9% this quarter and
gained 39.5%
so far this year.
    * The company reported quarterly net income of $22.2
million.
    * Wall Street's median 12-month price target for Gogo Inc is
$21.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated May 5 at 01:32 p.m.  ​All
figures in US dollars unless otherwise stated