Gogo Inc. reported a non-GAAP earnings per share of $0.18 for the recent quarter, surpassing analyst expectations by $0.10. The company's revenue reached $230.3 million, exceeding estimates by $15.86 million. Insider buying activity was noted, suggesting confidence in the company's prospects. Gogo also provided a free cash flow guidance of $70-80 million for the year, which some investors view as undervalued given the company's $1 billion market capitalization. There is anticipation around the potential impact of Avance and new installations coming online, which could influence future cash flow and stock performance.