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Gogo: Q4 Earnings Snapshot

Gogo: Q4 Earnings Snapshot

By AP News
Published - Feb 28, 2023, 07:33 AM ET
Last Updated - Jun 22, 2023, 07:06 PM EDT

BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Gogo Inc. (GOGO) on Tuesday reported fourth-quarter net income of $27.7 million.

On a per-share basis, the Broomfield, Colorado-based company said it had profit of 21 cents.

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

The in-flight internet provider posted revenue of $108.2 million in the period, which also topped Street forecasts. Eight analysts surveyed by Zacks expected $107.1 million.

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