Benzinga | Nov 9, 2020 07:06AM EST

Gogo Q3 EPS $(0.97) Misses $(0.77) Estimate, Sales $66.50M May Not Compare to $111.43M Estimate

Gogo (NASDAQ:GOGO) reported quarterly losses of $(0.97) per share which missed the analyst consensus estimate of $(0.77) by 25.97 percent. This is a 246.43 percent decrease over losses of $(0.28) per share from the same period last year. The company reported quarterly sales of $66.50 million which missed the analyst consensus estimate of $111.43 million by 40.32 percent. This is a 66.95 percent decrease over sales of $201.18 million the same period last year.