Gogo (NASDAQ:GOGO) reported its Q2 earnings results on Friday, August 5, 2022.
Here’s what investors need to know about the announcement.
Earnings
Gogo beat estimated earnings by 21.43%, reporting an EPS of $0.17 versus an estimate of $0.14.
Revenue was up $15.46 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05 which was followed by a 0.22% drop in the share price the next day.
Here’s a look at Gogo’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.13 | 0.08 | 0.08 | -0.04 |
| EPS Actual | 0.18 | 0.17 | 0.16 | 0.12 |
| Revenue Estimate | 89.30M | 89.67M | 84.10M | 75.14M |
| Revenue Actual | 92.75M | 92.30M | 87.17M | 82.38M |
To track all earnings releases for Gogo visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.