Gogo Inc

NASDAQ:GOGO   3:59:50 PM EDT
20.97
+0.94 (+4.69%)
Other Pre-Announcement

Gogo Announces Record First Quarter Results And Updates 2022 Guidance

Published: 05/05/2022 12:09 GMT
Gogo Inc (GOGO) - Gogo Announces Record First Quarter Results and Updates 2022 Guidance.
Q1 Earnings per Share $0.18 From Continuing Operations.
Q1 Revenue Rose 26 Percent to $92.8 Million.
Says Gogo 5g on Track for Commercial Launch in Second Half of 2022.
Sees 2022 Total Revenue in Range of $390 Million to $400 Million Versus Prior Guidance of $380 Million to $395 Million.
Sees 2022 Adjusted EBITDA at High End of Previously Guided Range of $150 Million to $160 Million.
Says Reiterates Its Baseline Long-term Targets.
FY2022 Revenue View $388.1 Million -- Refinitiv Ibes Data (analyst estimates).
Q1 Earnings per Share View $0.13, Revenue View $89.3 Million -- Refinitiv Ibes Data (analyst estimates).