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Gogo Stock Gaining as Q3 Results Beat Estimates

NEW YORK (TheStreet) -- Shares of Gogo (GOGO) were advancing in pre-market trading on Thursday after the company reported better-than-anticipated results for the 2016 third quarter.

Before the opening bell, the Chicago-based provider of in-flight Internet and entertainment posted a net loss of 42 cents per diluted share on revenue of $147.3 million. Revenue rose 17% year-over-year.

Analysts surveyed by FactSet were projecting a loss of 45 cents per share on revenue of $146.8 million.

For 2016, Gogo continues...