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 ...

The Zacks Wireless National industry is likely to benefit from healthy demand trends with an accelerated 5G rollout and increased fiber densification, helping bridge the digital divide with seamless connectivity. However, high capital expenditures for infrastructure upgrades, margin erosion, inflationary pressures, supply-chain disruptions albeit at a diminishing pace and high customer inventory levels have dented the industry’s profitability.Nevertheless, T-Mobile US Inc. (TMUS) , AT&T Inc. (T) and Gogo In ...

OTA Successfully Used 1,000 Times; Slashing Software Upgrade Time by 83 Percent BROOMFIELD, Colo., June 27, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced that more than 1,000 successful AVANCE system software updates have been completed globally using Gogo's over-the-air (OTA) feature. Consistent with the company's mission of driving efficiencies for operators, OTA replaces the USB kit method – requiring fleet operators to go plane to plane for each update – with a remote, hands ...

Bombardier Challenger 300 series aircraft receive priority bookingsMISSISSAUGA, ON, June 6, 2024 /PRNewswire/ - Skyservice Business Aviation ("Skyservice"), a North American leader in business aviation, will designate capacity at its Calgary, Toronto and Montreal locations for Gogo Business Aviation (NASDAQ: GOGO) AVANCE installations, enhancing the inflight experience and connectivity for flight crew and passengers.Skyservice, a Gogo-authorized dealer in Canada, has established a program to create a center ...

ALAMO Engineering to Develop EASA STC for Cessna Citation Latitude Midsize JetsGENEVA, May 28, 2024 /PRNewswire/ -- (EBACE, Booth I98) – Gogo Business Aviation (NASDAQ: GOGO) today announced it is partnering with ALAMO Engineering GmbH to develop a European Supplemental Type Certificate (STC) for the Gogo Galileo HDX antenna for Cessna Citation Latitude midsize jets."The Gogo Galileo solution for midsize and smaller aircraft is unique. It will finally provide a true broadband service to those aircraft that ...