Gogo (GOGO) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Gogo reported a revenue of $230.31 million for the quarter ended March 2025, marking a significant increase of 120.8% year-over-year, and an EPS of $0.18, up from $0.16 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $214.48 million by 7.38%, while the EPS surpassed the consensus estimate of $0.05 by 260% [1] Financial Performance - Gogo's service revenue reached $198.61 million, exceeding the average estimate of $191.73 million by four analysts, representing a year-over-year increase of 143.2% [4] - Equipment revenue was reported at $31.70 million, surpassing the average estimate of $22.77 million by four analysts, with a year-over-year growth of 39.9% [4] - The total number of aircraft online for Gogo's ATG service was 6,902, slightly below the estimated 7,016 by three analysts [4] Market Performance - Gogo's shares have returned +6.5% over the past month, compared to a +13.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]