BROOMFIELD, Colo., April 25, 2025 (GLOBE NEWSWIRE) -- Gogo Inc. (NASDAQ:GOGO), the leading global provider of broadband connectivity services for business aviation, military, and government markets, announced today that it will release its first quarter 2025 financial results before the market opens on May 9th, 2025. The Company will also host a conference call with financial analysts the same day at 8:30 a.m. (EST). Conference call & webcastA live webcast of the conference call and a replay will be availab ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Gogo (GOGO) . This company, which is in the Zacks Wireless National industry, shows potential for another earnings beat.When looking at the last two reports, this in-flight internet provider has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 107.50%, on average, in the last two q ...

Gogo (GOGO) shares rallied 15.7% in the last trading session to close at $7.66. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 9.8% loss over the past four weeks.GOGO has successfully secured Parts Manufacturer Approval for its Gogo Galileo HDX antenna from the Federal Aviation Administration. The company’s HDX antenna utilizes its global Eutelsat OneWeb Low Earth Orbit satellite constellation to deliver low ...

Broomfield, CO., March 19, 2025 (GLOBE NEWSWIRE) -- Gogo (NASDAQ:GOGO) has confirmed Supplemental Type Certificate (STC) approval by the Federal Aviation Administration (FAA) for its Plane Simple® Ka-band tail mount terminal for Gulfstream GV and Gulfstream G550 aircraft. This latest development marks another significant milestone in the Plane Simple antenna series rollout. Gulfstream Aerospace Corp. developed the STC at its Savannah, Georgia, headquarters in collaboration with Gogo. This adds to the existi ...

Core Viewpoint - Gogo (GOGO) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, making it a valuable tool for investors [2][3]. - Institutional investors often rely on earnings estimates to determine a company's fair value, leading to stock price fluctuations based on their buying or selling actions [3]. Gogo's Earnings Outlook - Gogo's rising earnings estimates and the Zacks Rank upgrade suggest an improvement in its underlying business, which is expected to drive the stock price higher [4]. - The Zacks Consensus Estimate for Gogo indicates an expected earnings per share of $0.54 for the fiscal year ending December 2025, reflecting a year-over-year increase of 20% [7]. Zacks Rank System - The Zacks Rank system categorizes stocks based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [6]. - Gogo's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting strong potential for market-beating returns in the near term [9].

FORM 10-K (Mark One): ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934. For the fiscal year ended December 31, 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 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Gogo Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of Inco ...

Press Release For Immediate Release Investor Relations Contact: Media Relations Contact: Will Davis Stacey Giglio +1 917-519-6994 +1 321-525-4607 wdavis@gogoair.com sgiglio@gogoair.com Gogo Announces Fourth Quarter and Full Year 2024 Results Total Revenue of $137.8 million, up 41% Year-over-Year; Fourth Quarter Service Revenue of $118.8 million, up 47% Year-over-Year Q4 Net Loss of $28.2 million; Adjusted EBITDA(1) of $34.0 million Satcom Direct acquisition closed December 3, 2024 Receives FAA PMA authoriza ...

Financial Data and Key Metrics Changes - Gogo's total revenue for Q4 2024 was $137.8 million, up 41% year-over-year and 37% sequentially [60] - Total service revenue reached $119 million, reflecting a 47% increase over the prior year and a 45% increase compared to the prior quarter [60] - Adjusted EBITDA for Q4 was $34 million, a decrease of 3% compared to Q4 2023 and 2% sequentially [70] - The company reported a net loss of $28.2 million compared to a net income of $14.2 million in Q4 2023 [71] Business Line Data and Key Metrics Changes - Gogo's ATG aircraft online totaled 7,059, with 43 incremental units added in Q4 [61] - Advanced aircraft online grew to 4,608, a 16% year-over-year increase, now comprising 65% of the total ATG fleet [61] - Record ARPU for ATG reached $3,500, representing a 3% year-over-year increase [62] Market Data and Key Metrics Changes - Global flight departures were up 33% in February 2025 compared to February 2019, indicating a post-COVID surge in flight demand [13] - Demand for connectivity in business aviation is surging, with only 36% of the world's business jets having broadband in-flight connectivity [11] Company Strategy and Development Direction - Gogo aims to grow its addressable market by 60% through new satellite technologies and a 5G ATG network [16] - The company is focused on becoming the only viable LEO alternative to Starlink, emphasizing its multi-orbit capabilities [22] - Gogo's strategy includes solidifying its position as a trusted provider in aviation connectivity by offering unique multi-band and multi-orbit capabilities [33] Management's Comments on Operating Environment and Future Outlook - Management expects 2025 to be a trough year for free cash flow, with an inflection point anticipated in 2026 [81] - The combination with Satcom Direct is expected to enhance Gogo's growth platform, particularly in the MilGov market [82] - Management highlighted the importance of regulatory compliance and differentiated services as competitive advantages [97] Other Important Information - Gogo received $334 million in grants from the FCC to support the upgrade of its ATG network [44] - The company achieved $18 million of run rate synergy at the close of the Satcom Direct acquisition and expects to exceed the targeted range of $25 million to $30 million in synergies [72] Q&A Session Summary Question: How does Gogo view the competitive landscape? - Gogo believes it is in a strong position due to its multi-orbit capability, which is essential for business aviation and military government customers [91][92] Question: What are the implications of international pushback against Starlink? - Gogo sees an opportunity in the shift towards sovereign-based communication networks, which aligns with its regulatory compliance and differentiated services [97] Question: When will long-term financial targets be restored? - Gogo is working on long-term modeling and plans to provide updates in the next 4 to 6 weeks [104] Question: What is the trend in ARPU for Satcom Direct? - Gogo did not provide specific ARPU figures for Satcom Direct but indicated that there are multiple revenue streams contributing to overall revenue [117]

For the quarter ended December 2024, Gogo (GOGO) reported revenue of $137.8 million, up 40.9% over the same period last year. EPS came in at $0.07, compared to $0.11 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $98 million, representing a surprise of +40.62%. The company delivered an EPS surprise of +75.00%, with the consensus EPS estimate being $0.04.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

Gogo (GOGO) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 75%. A quarter ago, it was expected that this in-flight internet provider would post earnings of $0.05 per share when it actually produced earnings of $0.12, delivering a surprise of 140%.Over the last four quarters, the comp ...