Post# 700181 of 700190 GOGO...$9.15...🥳...Cup N Handle Target $26... https://schrts.co/GZukiVXy ... Gogo (GOGO) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +8.33%. A quarter ago, it was expected that this in-flight internet provider would post earnings of $0.05 per share when it actually produced earnings of $0.18, delivering a surprise of +260%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Gogo, which belongs to the Zacks Wireless National industry, posted revenues of $226.04 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.74%. This compares to year-ago revenues of $102.06 million. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Gogo shares have added about 89.3% since the beginning of the year versus the S&P 500's gain of 7.9%.
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