BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Gogo Inc. (GOGO) on Wednesday reported second-quarter earnings of $839,000.
On a per-share basis, the Broomfield, Colorado-based company said it had net income of 1 cent. Earnings, adjusted for non-recurring costs, were 10 cents per share.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The in-flight internet provider posted revenue of $102.1 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $100.4 million.
Gogo expects full-year revenue in the range of $400 million to $410 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOGO at https://www.zacks.com/ap/GOGO