Gogo Inc reports results for the quarter ended December 31 - Earnings Summary

• Gogo Inc GOGO.OQ reported a quarterly adjusted loss of 22 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 11 cents. The mean expectation of five analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 1 cents to 5 cents per share.

• Revenue rose 40.9% to $137.80 million from a year ago; analysts expected $97.35 million.

• Gogo Inc's reported EPS for the quarter was a loss of 22 cents​.

• The company reported a quarterly loss of $28.21 million.

• Gogo Inc shares had fallen by 15.1% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the wireless telecommunications services peer group is also "buy"

Wall Street's median 12-month price target for Gogo Inc is $15.50

This summary was machine generated from LSEG data March 14 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING	ESTIMATE	ACTUAL	BEAT, MET, MISSED
Dec. 31 2024	0.03	-0.22	Missed
Sep. 30 2024	0.05	0.13	Beat
Jun. 30 2024	0.07	0.01	Missed
Mar. 31 2024	0.07	0.23	Beat