Gogo (GOGO) Tops Q3 EPS by 8c
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Gogo Announces Record Third Quarter 2021 Financial Results
November 4, 2021 7:00 AM EDTCHICAGO, Nov. 4, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended September 30, 2021.
Q3 2021 Highlights
Record total revenue of $87.2 million increased 31% compared to Q3 2020 and 6% compared to Q2 2021, fueled by strong growth in both service and equipment revenue. Record service revenue of $66.2 million increased 24% compared to Q3 2020 and 2% compared to Q2 2021. Equipment revenue of $21.0 million increased 59% compared to Q3... More