halbergman I am revisiting my previous analysis of Gogo, Inc. (NASDAQ:NASDAQ:GOGO) in light of Q2 2024 earnings and the recent announcement of SmartSky's closing. I previously rated Gogo a strong buy for the following reasons: DCF analysis suggested a price target of $18.40, up from $8.90 at the time. Gogo's core service business continued to grow quarter-over-quarter despite expected volatility in the equipment business. Demographic trends for private jet ownership were heavily in Gogo's favor. Since ...

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, 2024 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) Delaware 27-1650905 (State or ot ...

Exhibit 99.1 Press Release For Immediate Release Investor Relations Contact: Media Relations Contact: Will Davis Dave Mellin +1 917-519-6994 +1 303-301-3606 wdavis@gogoair.com dmellin@gogoair.com Gogo Announces Second Quarter Results Total Revenue of $102.1 million, down 1% Year-over-Year; Record Second Quarter Service Revenue of $81.9 million, up 4% Year-over-Year Q2 Net Income of $0.8 million; Adjusted EBITDA(1) of $30.4 million Updates 2024 Guidance and Long-Term Targets BROOMFIELD, Colo. - August 7, 202 ...

Gogo Inc. (NASDAQ:GOGO) Q2 2024 Earnings Conference Call August 7, 2024 8:30 AM ET Company Participants Oakleigh Thorne - Chairman & Chief Executive Officer Jessi Betjemann - Executive Vice President & Chief Financial Officer Will Davis - Vice President, Investor Relations Conference Call Participants Sebastiano Petti - JP Morgan Ric Prentiss - Raymond James Scott Searle - Roth Capital Partners Simon Flannery - Morgan Stanley Louie DiPalma - William Blair Operator Good day! And welcome to the Gogo Inc’s Sec ...

For the quarter ended June 2024, Gogo (GOGO) reported revenue of $102.06 million, down 1.1% over the same period last year. EPS came in at $0.10, compared to $0.20 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $100.37 million, representing a surprise of +1.68%. The company delivered an EPS surprise of +42.86%, with the consensus EPS estimate being $0.07.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...

Gogo (GOGO) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 42.86%. A quarter ago, it was expected that this in-flight internet provider would post earnings of $0.06 per share when it actually produced earnings of $0.16, delivering a surprise of 166.67%.Over the last four quarters, th ...

Total Revenue of $102.1 million, down 1% Year-over-Year; Record Second Quarter Service Revenue of $81.9 million, up 4% Year-over-YearQ2 Net Income of $0.8 million; Adjusted EBITDA(1) of $30.4 millionUpdates 2024 Guidance and Long-Term TargetsBROOMFIELD, Colo., Aug. 7, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended June 30, 202 ...

Installation for Bombardier Learjet Series Aircraft STCLed by Duncan Aviation-Houston SatelliteBROOMFIELD, Colo., Aug. 1, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced a collaboration with Duncan Aviation to pursue a Supplemental Type Certificate (STC) from the Federal Aviation Administration (FAA) for Gogo 5G on Bombardier Learjet 40/45/70/75 aircraft.Gogo 5G will deliver an enhanced inflight connectivity (IFC) experience in North America to this popular series of midsize aircr ...

BROOMFIELD, Colo., July 24, 2024 /PRNewswire/ -- The Board of Directors of Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company") today announced the appointment of Monte Koch as a member of the Board, effective July 17, 2024, expanding the Board from 9 to 10 directors. "Monte brings unique, deep expertise on the business aviation ecosystem and is a valuable addition to Gogo's Board," said Oakleigh Thorne, Gogo Chairman and CEO. "For nearly 20 years, Monte served on the Board of the National Business Aviation A ...

BROOMFIELD, Colo., July 19, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that it will release its financial results for the second quarter of 2024 before the market opens on August 7, 2024. The Company will host a conference call with financial analysts the same day at 8:30 a.m. (ET).Conference Call & Web CastA live web cast of the conference call, as well as a replay, will be available online ...