U.S. Markets open in 1 hr 13 mins
  • S&P Futures

    4,159.75
    -5.00 (-0.12%)
     
  • Dow Futures

    34,000.00
    -16.00 (-0.05%)
     
  • Nasdaq Futures

    13,884.50
    -34.75 (-0.25%)
     
  • Russell 2000 Futures

    2,229.20
    -9.20 (-0.41%)
     
  • Crude Oil

    61.27
    -0.08 (-0.13%)
     
  • Gold

    1,783.20
    -9.90 (-0.55%)
     
  • Silver

    26.39
    -0.18 (-0.68%)
     
  • EUR/USD

    1.2054
    +0.0015 (+0.1205%)
     
  • 10-Yr Bond

    1.5640
    0.0000 (0.00%)
     
  • Vix

    17.20
    -1.48 (-7.92%)
     
  • GBP/USD

    1.3866
    -0.0066 (-0.4756%)
     
  • USD/JPY

    108.1780
    +0.1350 (+0.1250%)
     
  • BTC-USD

    54,759.69
    -318.43 (-0.58%)
     
  • CMC Crypto 200

    1,277.36
    +14.40 (+1.14%)
     
  • FTSE 100

    6,904.58
    +9.29 (+0.13%)
     
  • Nikkei 225

    29,188.17
    +679.62 (+2.38%)
     

Recap: Gogo Q2 Earnings

  • Oops!
    Something went wrong.
    Please try again later.
Benzinga Insights
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.

Shares of Gogo (NASDAQ:GOGO) moved higher by 3% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share fell 225.00% over the past year to ($1.04), which missed the estimate of ($0.88).

Revenue of $96,640,000 declined by 54.77% from the same period last year, which beat the estimate of $90,340,000.

Looking Ahead

Gogo hasn't issued any earnings guidance for the time being.

Gogo hasn't issued any revenue guidance for the time being.

Conference Call Details

Date: Aug 10, 2020

View more earnings on GOGO

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/8x8it37k

Technicals

52-week high: $7.23

52-week low: $1.33

Price action over last quarter: Up 86.93%

Company Profile

Gogo Inc is a US-based in-flight connectivity system and service provider. The company through its subsidiaries offers aero communications, in-flight broadband, and wireless in-cabin digital entertainment solutions for the aviation industry. Its business segments include; Commercial Aviation North America, Commercial Aviation Rest of World, and Business Aviation. The company offers connectivity and entertainment services to commercial airlines flying routes within North America, satellite-based connectivity and entertainment services to foreign-based commercial airlines and North American-based commercial airlines flying outside North America, and a variety of in-flight Internet connectivity and other voice and data communications products and services.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.