BROOMFIELD, Colo. (AP) — BROOMFIELD, Colo. (AP) — Gogo Inc. (GOGO) on Thursday reported a loss of $1.9 million in its third quarter.
On a per-share basis, the Broomfield, Colorado-based company said it had a loss of 1 cent. Earnings, adjusted for non-recurring costs, were 10 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 7 cents per share.
The in-flight internet provider posted revenue of $223.6 million in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $223.1 million.
Gogo expects full-year revenue in the range of $870 million to $910 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
