UPDATE: Gogo Q2 Adj EPS $0.21 Beats $0.13 Estimate, Sales $103.22M Miss $103.25M Estimate
Portfolio Pulse from Happy Mohamed
Gogo (NASDAQ:GOGO) reported Q2 earnings of $0.21 per share, beating the analyst consensus estimate of $0.13 by 61.54%. However, the company's quarterly sales of $103.22 million missed the analyst consensus estimate of $103.25 million by 0.03%.
August 07, 2023 | 12:06 pm
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NEUTRAL IMPACT
Gogo's Q2 earnings per share beat estimates, but sales slightly missed expectations. This mixed result could lead to uncertain short-term price movements.
Gogo's Q2 earnings beat analyst estimates, which is a positive signal. However, the slight miss on sales could temper investor enthusiasm, leading to uncertain short-term price movements.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100