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Benzinga

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Benzinga Insights

YOU WONT BELIEVE: Gogo s return on invested capital overview - What They Never Told You

According to Benzinga Pro data Gogo (NASDAQ:GOGO) posted a 89.85% decrease in earnings from Q4. Sales, however, increased by 0.49% over the previous quarter to $92.75 million. Despite the increase in sales this quarter, the decrease in earnings may suggest Gogo is not utilizing their capital as effectively as possible. Gogo reached earnings of $218.71 million and sales of $92.30 million in Q4.

What Is Return On Invested Capital?

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We Got This Covered

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One subscription that gives you access to news from hundreds of sites

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Students Challenge Vucic Rule: anti-corruption movement forces early polls; Pegasus fears grow

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