Gogo (GOGO) shares soared 5.5% in the last trading session to close at $9.33. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 10.1% loss over the past four weeks.With the divestiture of the commercial in-flight connectivity division, Gogo has restructured its business model to focus more on its core operations. The transformative sale agreement has unlocked new business opportunities for Gogo within the business aviation market a ...

Franco Ercolino I am revisiting my previous analysis of Gogo, Inc. (NASDAQ:GOGO), in light of Q4 and full-year 2023 earnings. In my Q3 analysis, I rated Gogo a buy with a price target of $18.70. My buy rating was supported by the following: The subscription business continued to succeed, setting record revenue in the quarter and expanding margins Demographic trends were heavily in Gogo's favor DCF analysis at the mid-point of guidance showed a significant upside based on underlying industry trends Sin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 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, 2023 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 other ...

Gogo Inc. (NASDAQ:GOGO) Q4 2023 Results Conference Call February 28, 2024 8:30 AM ET Company Participants Will Davis - Vice President, Investor Relations Oakleigh Thorne - Chairman and CEO Jessi Betjemann - Executive Vice President and CFO Conference Call Participants Simon Flannery - Morgan Stanley Ric Prentiss - Raymond James Louie DiPalma - William Blair Sergey Dluzhevskiy - GAMCO Investors Inc Operator Good day and thank you for standing by. Welcome to Gogo Inc. Fourth Quarter 2023 Earnings Conference C ...

Gogo (GOGO) came out with quarterly earnings of $0.11 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this in-flight internet provider would post earnings of $0.13 per share when it actually produced earnings of $0.16, delivering a surprise of 23.08%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.Gogo, which belongs ...

Provides 2024 Financial Guidance and Updates Long-Term Targets Total Revenue of $97.8 million, down 10% Year-over-Year; Record Fourth Quarter Service Revenue of $80.9 million, up 5% Year-over-Year Q4 Net Income of $14.5 million; Adjusted EBITDA(1) of $35.1 million BROOMFIELD, Colo., Feb. 28, 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 qu ...

Investor Relations Contact: Media Relations Contact: Will Davis Dave Mellin +1 917-519-6994 +1 303-301-3606 wdavis@gogoair.com pr@gogoair.com Exhibit 99.1 Gogo Announces Fourth Quarter and 2023 Results Provides 2024 Financial Guidance and Updates Long-Term Targets Total Revenue of $97.8 million, down 10% Year-over-Year; Record Fourth Quarter Service Revenue of $80.9 million, up 5% Year-over-Year Q4 Net Income of $14.5 million; Adjusted EBITDA (1) of $35.1 million BROOMFIELD, CO - February 28, 2024 – Gogo In ...

Wall Street expects a year-over-year decline in earnings on lower revenues when Gogo (GOGO) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 28. On the ...

NetJets to Install Gogo AVANCE, 5G, and Global Broadband BROOMFIELD, Colo. , Feb. 7, 2024 /PRNewswire/ -- NetJets has reached an agreement with Gogo Business Aviation (NASDAQ: GOGO) that provides NetJets the ability to upgrade their U.S. aircraft to Gogo AVANCE L5, Gogo 5G, and Gogo Galileo, the company's Low Earth Orbit (LEO) broadband satellite service. NetJets Owners in Europe will also have the benefit of Gogo Galileo. NetJets signed a new agreement with Gogo to install Gogo AVANCE, Gogo 5G and Gogo ...

BROOMFIELD, Colo., Feb. 2, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that it earned the No. 1 ranking on Built In's 100 Best Midsize Places to Work in Colorado, and finished No. 3 on the 100 Best Places to Work in Colorado for all companies of any size. Gogo named No. 1 midsize workplace in Colorado. This is the third consecutive year that Gogo was recognized as a top midsi ...