07:24 AM EDT, 05/09/2025 (MT Newswires) -- Gogo ( GOGO ) reported Q1 earnings Friday of $0.09 per diluted share, down from $0.23 a year earlier.

Two analysts polled by FactSet expected $0.03.

Revenue for the quarter ended March 31 was $230.3 million compared with $104.3 million a year earlier.

Four analysts surveyed by FactSet expected $214.5 million.

The company reiterated its 2025 revenue guidance of $870 million to $910 million. Analysts surveyed by FactSet expect $799.2 million.

Shares of the company rose 22.3% in recent premarket activity.