Gogo: Q2 Earnings Snapshot

August 5, 2022 GMT

BROOMFIELD, Colo. (AP) _ Gogo Inc. (GOGO) on Friday reported second-quarter net income of $22 million, after reporting a loss in the same period a year earlier.

The Broomfield, Colorado-based company said it had net income of 17 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 15 cents per share.

The in-flight internet provider posted revenue of $97.8 million in the period, also beating Street forecasts. Nine analysts surveyed by Zacks expected $95.3 million.

Gogo expects full-year revenue in the range of $390 million to $400 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOGO at https://www.zacks.com/ap/GOGO