Recap: Gogo Q1 Earnings

Gogo 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.

Earnings

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.

Past Earnings Performance

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.

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