Gogo Q1 Sales $104.322M Beat $96.556M Estimate
Portfolio Pulse from Benzinga Newsdesk
Gogo's Q1 sales reached $104.322M, surpassing the analyst consensus estimate of $96.556M by 8.04% and marking a 5.81% increase from the previous year's $98.597M.
May 07, 2024 | 11:04 am
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Gogo's Q1 sales of $104.322M exceeded expectations, showing a significant 8.04% beat on estimates and a 5.81% YOY growth.
Beating sales estimates by 8.04% and showing year-over-year growth indicates strong performance and positive market reception, likely leading to a positive short-term impact on Gogo's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100