For the quarter ended March 2025, Gogo (GOGO) reported revenue of $230.31 million, up 120.8% over the same period last year. EPS came in at $0.18, compared to $0.16 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $214.48 million, representing a surprise of +7.38%. The company delivered an EPS surprise of +260.00%, with the consensus EPS estimate being $0.05.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Gogo performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Aircraft online - Total ATG: 6,902 versus 7,016 estimated by three analysts on average.
- Average monthly connectivity service revenue per aircraft online - ATG: $3,451 compared to the $3,575.58 average estimate based on three analysts.
- Units Sold - Business Aviation - ATG: 317 compared to the 151 average estimate based on two analysts.
- Revenue- Service revenue: $198.61 million compared to the $191.73 million average estimate based on four analysts. The reported number represents a change of +143.2% year over year.
- Revenue- Equipment revenue: $31.70 million compared to the $22.77 million average estimate based on four analysts. The reported number represents a change of +39.9% year over year.
View all Key Company Metrics for Gogo here>>>
Shares of Gogo have returned +6.5% over the past month versus the Zacks S&P 500 composite's +13.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Gogo Inc. (GOGO): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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