As an equity partner, Mr. Jensen brings considerable expertise to his new advisory role and will directly contribute to National Fidelity Financial's next level growthMELBOURNE, Fla., Sept. 9, 2025 /PRNewswire-PRWeb/ -- National Fidelity Financial (NFF), a trusted leader in debt resolution, today announced that Jim Jensen has joined the company as an equity partner.A well-respected executive and entrepreneur, Jim founded Satcom Direct (SD) in 1997. SD was a provider of in-flight connectivity and data soluti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One): ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the transition period from __________ to __________ Commission File Number: 001-35975 Gogo Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of ...

Press Release For Immediate Release Reiterates 4Q 2025 launch timing for 5G Increases 2025 Financial Guidance, which includes current impact of global tariffs BROOMFIELD, Colo. - August 7, 2025 – Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), a leading global provider of broadband connectivity services for the business and military/government mobility aviation markets, today announced its financial results for the quarter ended June 30, 2025. Second quarter financial results for Gogo include the impact ...

Financial Data and Key Metrics Changes - Gogo's total revenue in Q2 was $226 million, up 1% year-over-year and down about 2% sequentially [35] - Total service revenue increased 137% over the prior year to $194 million, but declined 2% compared to the prior quarter [36] - Adjusted EBITDA for Q2 was $61.7 million, with an adjusted EBITDA margin of 27.3% [42] Business Line Data and Key Metrics Changes - Advanced ATG aircraft online grew nearly 14% year-over-year, now comprising more than 71% of the total ATG fleet [36] - Total equipment revenue was $32.1 million, up 59% year-over-year, with Advanced Equipment shipments increasing 19% [38] - Gogo set a record for APG shipments in the quarter with 405 units, including 276 Advanced and 129 C1 units [12] Market Data and Key Metrics Changes - The business aviation sector saw a strong OEM performance, with major OEMs increasing aircraft deliveries by 11% year-over-year [18] - Demand for connectivity in business aviation and military government mobility is surging, with only 24% of global business aircraft currently having broadband connectivity [21] - The military sector is transitioning to broadband solutions, with significant opportunities for Gogo's products [29] Company Strategy and Development Direction - Gogo aims to grow its share in a highly unpenetrated market by enhancing customer relationships and delivering new products [21][22] - The company is focused on leveraging its multi-orbit, multi-band approach to provide competitive advantages in the market [32] - Gogo plans to capitalize on the increased demand for in-flight connectivity through strategic investments in new technologies and partnerships [22][33] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving $30 million to $35 million in synergy cost savings, up from previous estimates [43] - The company anticipates solid free cash flow growth in 2026, driven by new product service revenue and reduced product program spending [34] - Management noted that the military market is expected to grow significantly, particularly with the U.S. Air Force's push for satellite communications [29] Other Important Information - Gogo's cash balance at the end of Q2 was $102.1 million, with a net leverage ratio of 3.2 times [44] - The company has $12.1 million remaining on its $50 million share repurchase authorization [46] - Gogo expects to see a decline in free cash flow in 2025, but anticipates this will be the trough year [47] Q&A Session Summary Question: Timeline for return to growth in ATG - Management indicated that while net ATG numbers are expected to be down this year, they are hopeful for a rebound with the C1 and 5G launch [56][57] Question: Competitive losses to StarLink - Management clarified that the current suspensions are not due to competitive losses but are part of normal transitions ahead of product cycles [58][59] Question: Long-term thoughts on GEO market - Management noted that while ARPA may contract slightly, the GEO business is performing well, supported by strong OEM relationships [60][61] Question: CapEx guidance change - Management explained that the change in CapEx guidance is related to the acceleration of the rip and replace program, which is fully reimbursed [80][81] Question: Delays in MilGov awards - Management acknowledged that awards are moving slower than expected but expressed optimism for increased activity in Q4 [86][90]

Gogo (GOGO) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non- recurring items. Gogo shares have added about 89.3% since the beginning of the year versus the S&P 500's gain of 7.9%. What's Next for Gogo? While Gogo has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers ...

Total Revenue of $226.0 million, up 121% Year-over-Year; Service Revenue of $194.0 million, up 137% Year- over-Year Net Income of $12.8 million; Adjusted EBITDAof $61.7 million, up 103% Year-over-Year 77 HDX shipments year to date Reiterates 4Q 2025 launch timing for 5G Increases 2025 Financial Guidance, which includes current impact of global tariffs BROOMFIELD, Colo., Aug. 07, 2025 (GLOBE NEWSWIRE) -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), a leading global provider of broadband connectivity s ...

Core Viewpoint - Gogo Inc. is set to release its second quarter 2025 financial results on August 7, 2025, and will host a conference call for financial analysts on the same day [1]. Group 1: Company Overview - Gogo is the leading global provider of broadband connectivity services specifically for business aviation, military, and government markets [1]. - The company offers a unique multi-orbit, multi-band in-flight connectivity solution, designed for various aircraft types, from small jets to large heavy jets [3]. - Gogo's product portfolio includes air-to-ground systems combined with high-speed satellite networks, ensuring consistent global connectivity supported by a dedicated customer support team [4]. Group 2: Investor Relations - A webcast of the upcoming conference call will be available on the Investor Relations section of Gogo's website, along with a replay [2]. - Participants can access the conference call using a unique conference ID, which can be retrieved through a provided registration link [2].

Market Outlook - Goldman Sachs raised its year-end forecast for the S&P 500 (SPX) to 6,900, up from 6,500, highlighting three stocks for investors to consider [1] - Other major investment banks, including Bank of America, are also increasing their S&P 500 forecasts, reflecting optimism around economic resilience and stabilizing inflation [2][3] - The current SPX stands at 6,263, with a year-to-date increase of 6.49% and a 14.8% rise over the past three months [3] Earnings Projections - Goldman projects S&P 500 earnings-per-share (EPS) to grow by 7% for both this year and next, driven by strong consumer demand and margin expansion [4] - The Federal Reserve is expected to support this growth through earlier and deeper interest rate cuts [4] Stock Recommendations - Goldman highlighted three stocks to watch: Kohl's, Intellia Therapeutics, and Gogo Inc., each linked to structural trends that could drive outperformance [6] Kohl's - Kohl's is viewed as a deep value play with a turnaround catalyst, currently trading down 33.40% for the year but up 20.5% over the past 90 days [7][8] - The company is focusing on inventory discipline, cost-cutting, and enhancing its loyalty program to stabilize revenue [9] - Kohl's is expected to benefit from lower bond yields when the Federal Reserve cuts rates, making it attractive for income-minded investors [10] Intellia Therapeutics - Intellia has seen a 45.3% increase in share price over the past month, focusing on CRISPR-based therapies for rare genetic disorders [11][12] - The company is recognized for its strong intellectual property portfolio and is positioned to benefit from the growing importance of gene therapies [13] Gogo Inc. - Gogo, a leader in business aviation connectivity, has seen its stock price rise 117% over the past three months, driven by strong recurring revenues and a 5G rollout [15][16] - The company has received FAA certification for 42 aircraft types, which covers 70% of its current North American customer base [16] - Gogo's growth is supported by a favorable capital markets backdrop and a strong recurring revenue model [19]

COVID-19 Impact and Response - The COVID-19 pandemic has had an unprecedented impact on commercial aviation, with passenger traffic down approximately 95%[9] - The airline industry is expected to experience a revenue decline of $314 billion (55%) in 2020 due to the pandemic[9] - Gogo expects its Commercial Aviation (CA) sales to be down 60-70% in April due to the impact of COVID-19[12] - Prior to cost reductions, Gogo CA was losing $1 million per day[12] - Gogo has developed flexible action plans with "16 Levers" to manage costs, tied to revenue projections based on various scenarios[20] Financial Performance and Refinancing - Gogo successfully refinanced $162 million in convertible debt and $690 million in senior secured notes, pushing 80% of maturities to 2024[26] - Gogo improved its free cash flow by $163 million, from -$214 million to -$51 million[28] - Cash flow from operating activities improved by $146 million, from -$82 million to $64 million[28] - Adjusted EBITDA improved 104% to $146 million from $71 million in 2018[30] - Net loss improved to -$146 million from -$162 million in 2018[30] Strategic Initiatives - Gogo launched its Gogo 5G project, which is on target for a 2021 launch[29] - Gogo is focused on continuing its drive to positive free cash flow and taking advantage of consolidation in the IFEC and Satellite industries[35]

Core Viewpoint - The appointment of General (Ret.) Mike Minihan to Gogo Inc.'s Board of Directors is a strategic move aimed at enhancing the company's capabilities in the military and government sectors following its acquisition of Satcom Direct [2][3]. Company Overview - Gogo Inc. is a leading provider of multi-orbit, multi-band in-flight connectivity technology specifically designed for business and military/government aviation [5]. - The company offers a comprehensive product portfolio that caters to various aircraft types, ensuring best-in-class connectivity solutions [5]. Strategic Developments - The addition of General Minihan to the Board expands the Board from eight to nine directors, reflecting Gogo's commitment to strengthening its leadership in the military and government market [1][2]. - General Minihan's extensive experience in global air operations and connectivity strategy is expected to be instrumental in advancing Gogo's military and government segment [2][3]. Leadership Insights - General Minihan emphasized the importance of connectivity in mission success and expressed enthusiasm for Gogo's innovative multi-orbit, multi-band solutions that are transforming aviation and defense operations [3]. - His background includes commanding over 110,000 Airmen and managing a fleet of 1,100 aircraft, showcasing his leadership capabilities [4]. Technological Edge - Gogo's unique offering combines Air-to-Ground technology with high-speed satellite networks, providing consistent global connectivity supported by a dedicated customer support team [6]. - The company aims to set new standards for reliability, security, and innovation in in-flight aviation, enhancing customer connectivity experiences [7].