Gogo Announces First Quarter 2015 Results
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Gogo (GOGO) Tops Q1 EPS by 5c
May 7, 2015 7:32 AM EDTGogo (NASDAQ: GOGO) reported Q1 EPS of ($0.24), $0.05 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $115.5 million versus the consensus estimate of $112.39 million.
Commercial Aviation - North America (CA-NA)
Total revenue increased to $72.5 million, up 27% from $57.1 million in Q1 2014.CA-NA ended the quarter with 2,200 aircraft online, up 102 since December 31, 2014.Average monthly service revenue per aircraft online, or ARPA, increased to $11,194, up 22% year-over-year, driven by increased connectivity and wireless in-flight... More