Gogo(GOGO)
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SDG receives US Air Force Air Mobility Command T-1 certification for RO/RO TRASC capability for C-130 variants
Globenewswire· 2026-02-02 12:00
SINGAPORE, Feb. 02, 2026 (GLOBE NEWSWIRE) -- SD Government, (SDG) the division of Gogo (NASDAQ: GOGO) providing satellite communications to global governments, has received US Air Force Air Mobility Command (AMC) T-1 certification for the Roll-on/Roll-off (RO/RO) Beyond Line of Sight (BLOS) Tactical Removeable Airborne Satellite Communications (TRASC) capability for C-130 aircraft. The T-1 certification will provide multiple satcom options, beginning with a Gogo Plane Simple Ku-band terminal, and subsequent ...
Morgan Stanley Forecasts Low 2026 Growth for Gogo (GOGO) Amid Product Transitions and Industry Tech Debates
Yahoo Finance· 2026-01-30 19:58
Gogo Inc. (NASDAQ:GOGO) is one of the best fast growing penny stocks to buy according to analysts. On January 16, Morgan Stanley reduced its price target for Gogo to $8 from $15 with an Equal Weight rating, reflecting expectations of a low-growth 2026 due to various product transitions. The firm’s adjusted valuation incorporates updated model assumptions and highlights an ongoing industry debate regarding the development of Direct-to-Device technology within the Space Technology services sector. In other ...
Gogo issues year-end “report card” on critical new product initiatives.
Globenewswire· 2026-01-05 12:00
Core Insights - Gogo Inc. is transitioning from a domestic Air-to-Ground connectivity provider to a global multi-orbit, ultra-high bandwidth connectivity supplier for business aviation and military markets as of December 31, 2025 [1] Product Developments - Gogo's new global Low-Earth-Orbit satellite offering includes two antenna sizes: FDX for large jets with speeds of 200 Mbps and HDX for smaller aircraft with speeds of 60 Mbps [2] - The 5G Network product offers satellite speeds at Air-to-Ground prices for aircraft primarily flying in North America [2] - The FCC Rip & Replace Program aims to upgrade Gogo's legacy EVDO network to LTE technology, expected to provide a 40% performance boost for Gogo Classic customers upgrading to AVANCE [2] Operational Performance - Gogo shipped over 300 FDX and HDX antennas, with 84% for named customers, marking one of the fastest product launches in the business aviation market [4] - Service was activated on 99 of the shipped antennas, and Gogo completed 31 STCs across the U.S., Europe, Brazil, and Canada, targeting a total addressable market of over 4,000 aircraft [4] - Gogo's inventory supports a weighted pipeline of over 430 aircraft with a 50% or better probability of closing in 2026, and the combined Gogo Galileo pipeline exceeds 1,000 aircraft [4] Revenue Generation - Gogo confirmed the installation and activation of its first 5G aircraft in December 2025, with revenue expected to begin in Q1 2026 [4] - There are 33 STCs covering major aircraft types in North America, with a total addressable market of 7,500 aircraft, and approximately 450 aircraft are pre-provisioned for 2026 [4] Network Performance - Gogo's network testing confirmed peak speeds of 80 Mbps download and 20 Mbps upload, supporting over ten devices for video conferencing and high-bandwidth content streaming [4] - Gogo achieved record-breaking ATG shipments of over 1,600 units, including more than 700 C-1 Systems, with over 300 already installed and activated [4] Future Outlook - Gogo anticipates a strong pipeline of new prospects in 2026, with a weighted pipeline of over 260 C-1 aircraft and an unweighted pipeline of over 450 [4]
CSE Bulletin: Name and Symbol Change - MedBright AI Investments Inc. (MBAI)
TMX Newsfile· 2025-12-29 16:31
Toronto, Ontario--(Newsfile Corp. - Le 29 décembre/December 2025) - MedBright AI Investments Inc. (MBAI) has announced a name and symbol change to GoGo AI Network Inc. (GOGO). Shares will begin trading under the new name and symbol and with a new CUSIP number on January 5, 2026. Disclosure documents are available at www.thecse.com. Please note that all open orders will be canceled at the end of business on January 2, 2026. Dealers are reminded to re-enter their orders. _____________________________ ...
Gogo confirms next-generation air-to-ground 5G now launched.
Globenewswire· 2025-12-29 12:00
Core Viewpoint - Gogo has successfully completed flight testing and validation of its 5G air-to-ground connectivity network, set to launch for North American customers in January 2026, marking a significant milestone for the company [1][4]. Group 1: Network Performance and Testing - The flight testing involved over 30 hours of flying across nearly 20 routes, confirming the network's capabilities to deliver high-speed, low-latency connectivity [1]. - The 5G network achieved broadband speeds exceeding 80 Mbps for downloads and 20 Mbps for uploads, enabling simultaneous streaming and internet browsing [2]. Group 2: Customer Onboarding and Market Potential - Gogo has secured its first paying customer and has 450 pre-provisioned aircraft ready to utilize the new service starting January 2026 [3]. - The company has contracted 33 Supplemental Type Certificates (STCs) for major aircraft types, unlocking a market of over 7,500 aircraft, with 28 STCs completed and five more expected by year-end [4]. Group 3: Company Overview and Technology - Gogo is a unique provider of multi-orbit, multi-band in-flight connectivity, offering tailored solutions for business and military/government aviation [5]. - The company integrates Air-to-Ground technology with high-speed satellite networks to ensure consistent global connectivity, supported by a dedicated customer service team [6].
William Blair Downgrades Gogo (GOGO) to Market Perform on Starlink Competition and High Debt as AVANCE Migration Stalls Growth
Yahoo Finance· 2025-12-28 17:46
Group 1 - Gogo Inc. has been downgraded to Market Perform by William Blair due to increasing competition from Starlink and concerns over high net debt [1][3] - The company is currently experiencing a transition period as it migrates users from its Classic system to the newer AVANCE platform, which is expected to hinder growth [1][3] - Gogo reported record-breaking demand for its hardware in Q3 2025, delivering 437 ATG units, indicating strong future installation activity [2] Group 2 - Gogo is gaining traction in the Military and Government sectors, highlighted by a global contract with VistaJet for HDX and FDX connectivity across its fleet [3] - The new 5G service tier is projected to generate twice the Average Revenue Per User compared to classic customers, enabling data-heavy applications like video conferencing and streaming [3]
Gogo (GOGO) Faces Triple Threat: Elevated Debt, Strained ATG Adds, Intensifying Starlink Competition in Commercial Aviation
Yahoo Finance· 2025-12-16 04:10
Core Viewpoint - Gogo Inc. is facing significant challenges including heightened competition from Starlink, a high net debt position, and strained Air-to-Ground (ATG) net additions, which may impact its growth prospects in the near term [1][3]. Financial Performance - In Q3 2025, Gogo reported total quarterly revenue of $223.59 million, reflecting a year-over-year growth of 122.41% and surpassing estimates by $1.36 million [4]. - The company recorded a loss per share of $0.01 for Q3 [4]. Product Development and Market Position - Gogo shipped a record 437 Air-to-Ground/ATG units in Q3 2025, indicating strong future installation activity [2]. - The company is advancing its product offerings with new technologies such as 5G, HDX, and FDX, which aim to enhance speed and performance [2]. - Gogo has secured significant contracts, including a notable deal with VistaJet for deploying HDX and FDX across its fleet [2]. Market Opportunities - Gogo is well-positioned in the business jet market, which is currently experiencing flight levels 30% above pre-COVID levels, indicating strong demand for broadband connectivity [3]. - The company is witnessing positive growth in its MilGov end market, supported by recent contract wins that validate its multi-orbit, multi-band strategy [3]. - The transition to 5G is expected to significantly increase Average Revenue Per User, as the 5G service is valued at twice that of classic customer plans, enabling enhanced streaming and video applications onboard [3].
Top 3 Tech And Telecom Stocks That Could Lead To Your Biggest Gains In December
Benzinga· 2025-12-11 14:18
Core Insights - The communication services sector has several oversold stocks, presenting potential buying opportunities for undervalued companies [1][2] Group 1: Oversold Stocks - Gogo Inc (NASDAQ:GOGO) has an RSI of 26.4, with a recent stock price of $5.61 after a 2.8% gain, but has seen a 19% decline over the past five days and a 52-week low of $5.20 [6] - Zhihu Inc (NYSE:ZH) has an RSI of 25.6, closing at $3.39 after a 1.6% drop, with a 20% decline over the past month and a 52-week low of $3.19 [6] - Brera Holdings PLC (NASDAQ:SLMT) has an RSI of 24.2, with shares closing at $2.43 after a 4.3% decline, experiencing a 67% drop over the past month and a 52-week low of $1.80 [6]
Gogo Inc. (NASDAQ:GOGO) Earnings Overview and Financial Performance
Financial Modeling Prep· 2025-11-07 01:06
Core Insights - Gogo Inc. reported an EPS of -$0.01 for Q3 2025, missing the estimated EPS of $0.11, but exceeded revenue expectations with $223.6 million, surpassing the estimated $222.2 million [1][4]. Financial Performance - The company achieved a significant revenue increase of 122.4% year-over-year, reaching $223.6 million, which slightly exceeded the Zacks Consensus Estimate of $223.13 million, resulting in a positive surprise of 0.2% [2][4]. - Despite the EPS being lower than the previous year's $0.12, it surpassed the consensus estimate of $0.07 by 42.86% [2]. Valuation Metrics - The price-to-sales ratio is approximately 1.48, indicating that investors are paying $1.48 for every dollar of sales [3]. - The enterprise value to sales ratio stands at around 2.64, reflecting the company's total valuation in relation to its sales [3]. - The enterprise value to operating cash flow ratio is approximately 32.79, suggesting a higher valuation compared to the cash flow generated from operations [3]. - Gogo's earnings yield is about 0.71%, which is relatively low [3]. - The debt-to-equity ratio is approximately 8.86, indicating a significant level of debt compared to its equity [3]. - The current ratio is around 1.71, suggesting a reasonable level of liquidity to cover short-term liabilities [3].
Gogo(GOGO) - 2025 Q3 - Quarterly Results
2025-11-06 21:09
Financial Performance - Total revenue for Q3 2025 was $223.6 million, representing a 122% increase year-over-year, but a 1% decrease compared to Q2 2025[4] - Service revenue reached $190.0 million, up 132% year-over-year, while equipment revenue was $33.6 million, an 80% increase year-over-year[4] - Adjusted EBITDA for the quarter was $56.2 million, a 61% increase compared to Q3 2024, but a 9% decrease from Q2 2025[6] - Net loss for Q3 2025 was $1.9 million, which included a $15 million pre-tax acquisition-related earn-out accrual[4] - Total revenue for Q3 2025 reached $223,585,000, a significant increase from $100,529,000 in Q3 2024, representing a growth of 122%[22] - Service revenue for the nine months ended September 30, 2025, was $582,533,000, up from $245,459,000 in the same period of 2024, marking a 137% increase[22] - Business aviation service revenue accounted for $162,622,000 in Q3 2025, compared to $81,857,000 in Q3 2024, reflecting a growth of 99%[28] - Operating income for the nine months ended September 30, 2025, was $99,891,000, compared to $75,426,000 in the same period of 2024, an increase of 32%[22] - The company reported a net loss of $1,930,000 for Q3 2025, compared to a net income of $10,630,000 in Q3 2024[22] - Adjusted EBITDA for the three months was $56.2 million, up from $34.8 million in the same period of 2024[36] - Free cash flow for the three months was $30.6 million, compared to $24.6 million in the same period of 2024[36] Cash Flow and Assets - Free Cash Flow for Q3 2025 was $30.6 million, up from $24.6 million in the prior-year period[6] - Cash and cash equivalents at the end of Q3 2025 were $133,572,000, up from $41,765,000 at the end of Q4 2024[24] - Total current assets increased to $423,608,000 as of September 30, 2025, compared to $323,093,000 at the end of Q4 2024, a growth of 31%[24] - The company expects full-year free cash flow to range between $60 million and $90 million for FY 2025[37] Product Development and Launches - Year-to-date shipments of Gogo's new Low Earth Orbit HDX antenna exceeded 200 as of November 4, 2025[4] - Gogo completed 19 HDX Supplemental Type Certificates out of a total of 40 under contract, indicating progress in product development[6] - The company confirmed a year-end 2025 launch for its new high-speed 5G Air-to-Ground network[4] Aircraft and Connectivity - Total AVANCE ATG aircraft online grew to 4,890, a 12% increase compared to September 30, 2024[6] - The number of ATG aircraft online increased to 6,529, compared to 7,016 in the previous year, with AVANCE aircraft online at 4,890[30] - Average monthly connectivity service revenue per ATG aircraft was $3,407, slightly down from $3,497 in the previous year[30] - The number of ATG units sold in the three months was 437, compared to 214 in the same period of 2024[30] Costs and Liabilities - Cost of service revenue increased significantly to $91.6 million, a 380.8% increase from $19.1 million year-over-year[33] - The total liabilities as of September 30, 2025, were $1,188,146,000, compared to $1,159,907,000 at the end of Q4 2024[24] - The company incurred interest expense of $50,650,000 for the nine months ended September 30, 2025, compared to $26,193,000 in the same period of 2024, an increase of 93%[22]