Here's Why Middle Coast Investing Sold GOGO (GOGO) [Yahoo! Finance]
Gogo Inc. (GOGO)
Last gogo inc. earnings: 3/13 07:00 am
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US:NASDAQ Investor Relations:
ir.gogoair.com/investor-overview
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Source: Yahoo! Finance
A copy of the letter can be downloaded here . It was a frustrating quarter for the firm. The portfolio appreciated in the quarter but lagged the main indices and closer benchmarks. The portfolio's price to earnings for the trailing 12 months (TTM) was 19.7. Cash and equivalents accounted for 17.1% of the portfolio at the end of the quarter, with an estimated average yield of 3%. This compares to 13.4% of the portfolio and a 3.9% yield at the end of Q2. In addition, please check the fund's top five holdings to know its best picks in 2024. Middle Coast Investing highlighted stocks like Gogo Inc. (NASDAQ: GOGO ), in the third quarter 2024 investor letter. Gogo Inc. (NASDAQ:GOGO) provides broadband connectivity services to the aviation industry. The one-month return of Gogo Inc. (NASDAQ:GOGO) was -13.93%, and its shares lost 45.23% of their value over the last 52 weeks. On October 7, 2024, Gogo Inc. (NASDAQ:GOGO) stock closed at $6.35 per share with a market capitalization of $823.284 m
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News
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- Gogo Announces Third Quarter ResultsPR Newswire
GOGO
Earnings
- 11/5/24 - Beat
GOGO
Sec Filings
- 11/21/24 - Form 8-K
- 11/5/24 - Form 10-Q
- 11/5/24 - Form 8-K
- GOGO's page on the SEC website