Top Wall Street Forecasters Revamp Gogo Price Expectations Ahead Of Q4 Earnings
The projected earnings decline and revenue decrease signal weakness. Historical trends show similar earnings misses often correlate with stock price drops.
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The projected earnings decline and revenue decrease signal weakness. Historical trends show similar earnings misses often correlate with stock price drops.
What happened, with direct paths to the underlying reporting
Gogo will release Q4 financial results on March 14. Analysts predict earnings dropped to 9 cents per share. Revenue expected to be slightly down at $97.8 million. Gogo's acquisition of Satcom Direct was completed in December 2024. Shares fell 1.2% to close at $6.87 recently.
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