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Market Impact: 0.32

Gogo (GOGO) Lags Q1 Earnings and Revenue Estimates

GOGO
Corporate EarningsAnalyst EstimatesCompany Fundamentals

Gogo reported quarterly EPS of $0.07, missing the Zacks Consensus Estimate of $0.09 by $0.02 per share. Earnings also declined from $0.18 per share in the same quarter last year, signaling weaker profitability year over year. The miss is likely to pressure shares modestly but is not a major market-wide event.

Analysis

Gogo reported quarterly EPS of $0.07, missing the Zacks Consensus Estimate of $0.09 by $0.02 per share. Earnings also declined from $0.18 per share in the same quarter last year, signaling weaker profitability year over year. The miss is likely to pressure shares modestly but is not a major market-wide event.

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Market Sentiment

Overall Sentiment

moderately negative

Sentiment Score

-0.30

Ticker Sentiment

GOGO-0.70