Gogo revenue rises 35 pct, shares up
May 12 (Reuters) - Gogo Inc reported a 35 percent rise in first-quarter revenue due to higher demand for its in-flight wireless Internet services.
Net loss for the quarter ended March 31 fell to $16.9 million, or 20 cents per share, from $32.5 million, or $4.77 per share, a year earlier.
Revenue rose to $95.7 million from $70.8 million a year earlier.
Gogo shares were up 6 percent at $12.80 in premarket trading on Monday. (Reporting by Soham Chatterjee; Editing by Joyjeet Das)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.