Gogo

Gogo, Inc. engages in the provision of broadband connectivity services for the business aviation market. It offers a broad suite of integrated equipment, network, and Internet connectivity products and services as well as global support capabilities. It also includes a customizable suite of smart cabin systems for highly integrated connectivity, in-flight entertainment, and voice solutions. The company was founded by Jimmy Ray in 1991 and is headquartered in Broomfield, CO.

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Gogo achieves record revenue and EBITDA, poised for future growth

Gogo's Q4 2022 performance reflects record revenue and adjusted EBITDA, driven by strong demand and strategic initiatives in 5G and GBB.
The company's financial stability, competitive positioning, and leadership transition signal strength and continuity for future growth.
While facing challenges like declining margins and ongoing litigation, Gogo is poised to capitalize on opportunities in market penetration and strategic investments.

Gogo reports solid Q1 earnings, eyes growth with 5G launch

Gogo's Q1 performance reflects revenue growth and solid financial management amidst strategic investments in 5G and GBP.
The company's balance sheet strength, upcoming product launches, and market optimism position it for future growth.
Challenges in managing expenses for new initiatives and market penetration strategies highlight areas for continued focus and optimization.

Gogo faces challenges from 5G delays but maintains growth focus

Gogo's Q2 2023 earnings call highlighted a mix of strong performance, strategic strengths, operational challenges, and growth opportunities in the face of market dynamics and technological advancements.
Despite setbacks from suspension issues, 5G chip delays, and increased spending, Gogo remains resilient with a focus on financial stability, technological innovation, and customer-centric initiatives.
The company's ability to navigate challenges, capitalize on opportunities, and maintain a competitive edge underscores its commitment to long-term growth and value creation for stakeholders.

Gogo resilient in Q3 amidst challenges, eyes growth opportunities

Gogo navigated industry challenges with resilience, focusing on service revenue growth and cost efficiency.
Confidence in market leadership, strong financial performance, and strategic initiatives drive long-term growth ambitions.
Operational challenges like 5G delay and legal uncertainties are balanced by growth opportunities and competitive strengths.
Strategic focus on innovation, market research, and financial discipline positions Gogo for sustainable growth and market leadership.

Gogo reports record revenue, outlines growth targets amidst industry challenges

Gogo's Q4 2023 Earnings Call highlighted strong financial performance, strategic initiatives for growth, and long-term targets for revenue and free cash flow. While facing challenges with industry headwinds and competition, the company remains focused on market expansion and enhancing connectivity offerings. Opportunities lie in market dominance, cost-effective upgrades, and prioritizing shareholder value.

Gogo reports record Q1 results, eyes growth with next-gen products

Gogo's Q1 performance reflects growth in revenue and operational efficiency, driven by strategic initiatives and strong demand in business aviation. While facing challenges like potential 5G launch delays and competition concerns, the company remains focused on seizing opportunities in next-gen products and expanding market share.

Gogo reports Q2 revenue decline, focuses on growth initiatives

Gogo's Q2 2024 earnings call highlighted a mix of performance, strengths, challenges, and opportunities. Despite revenue decline and lower EBITDA, the company is focused on strategic initiatives for growth. Revised guidance reflects delays in the Gogo 5G launch but increased free cash flow expectations.

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Gogo, Inc. engages in the provision of broadband connectivity services for the business aviation market. The company was founded by Jimmy Ray in 1991 and is headquartered in Broomfield, CO.

Gogo (GOGO) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.17 per share a year ago.

Gogo (GOGO) Q2 Earnings Surpass Estimates

BROOMFIELD, Colo. , Aug. 3, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today introduced AVANCE LX5, a value-priced and easy box swap for AVANCE L5 owners to upgrade to Gogo 5G that eliminates the need to install a second Line Replaceable Unit (LRU) on their aircraft.

Gogo Introduces AVANCE LX5 for Easy L5 Upgrade to Gogo 5G Connectivity

BROOMFIELD, Colo. , July 27, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced a delay in its Gogo 5G system launch, due to a design error in a non-5G component of its chip, which was designed by a third-party subcontractor of its 5G solution provider.

Gogo Provides Update on 5G Launch

BROOMFIELD, Colo. , July 20, 2023 /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 2023 before the market opens on August 7, 2023.

Gogo Inc. to Report Second Quarter 2023 Financial Results on August 7, 2023

Gogo AVANCE is flyExclusive's Primary Inflight Connectivity Solution Fleetwide BROOMFIELD, Colo. , May 31, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) best-selling AVANCE platform was selected by flyExclusive for upgrade on 40 private aircraft, leveraging award-winning Gogo connectivity and customer service.

flyExclusive Expands Fleet Commitment of Gogo AVANCE

GENEVA , May 24, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) today announced the process to secure the first-article Supplemental Type Certification (STC) for its Gogo Galileo HDX system on the Bombardier Challenger 300 series of aircraft is underway.  "The Bombardier Challenger 300 is one of the most popular super midsize jets on the market, making it a perfect candidate for our Gogo Galileo HDX system," said Sergio Aguirre, Gogo's president and chief operating officer.

Certification Underway for Gogo Galileo on Bombardier Challenger 300 Series Aircraft

EchoStar

Unveils "Gogo Galileo" Product Line for Business Aviation GENEVA , May 23, 2023 /PRNewswire/ -- (EBACE, Booth O98) Gogo Business Aviation (NASDAQ: GOGO) today announced its Gogo Galileo product line with the unveiling of a second electronically steered antenna (ESA) form factor for use on its Low Earth Orbit (LEO) broadband solution. Gogo Galileo now offers two fuselage-mount antennas – the previously announced "HDX" antenna, designed with a small form factor to fit on any size business aircraft, and today's announcement of the "FDX" antenna which is designed to fit on larger aircraft and will deliver best-in-class performance.

Gogo Elevates its Global Broadband Offering with Second, Higher Throughput Antenna

Gogo Inc. provides inflight connectivity for business aviation and has a near-monopoly in its niche. Gogo's primary revenue driver is subscription-based wireless services, and this business excelled in Q1 2023, growing 11%.

Gogo: The Market Doesn't Get It

OneWeb Completes Global Broadband LEO Network Gogo and Hughes Network Systems Execute on Antenna Design BROOMFIELD, Colo. , May 15, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) global Low Earth Orbit (LEO) broadband service has gained momentum with significant program achievements by Gogo and strategic partners, OneWeb and Hughes Network Systems, LLC, an EchoStar (NASDAQ: SATS) Company.

Gogo Global LEO Broadband Service Gains Momentum with Significant Program Achievements

Gogo Inc. (NASDAQ:GOGO ) Q1 2023 Earnings Conference Call May 3, 2023 8:30 AM ET Company Participants Will Davis - Vice President, Investor Relations Oakleigh Thorne - Chairman & Chief Executive Officer Jessi Betjemann - Executive Vice President & Chief Financial Officer Conference Call Participants Ric Prentiss - Raymond James Phil Cusick - JPMorgan Landon Park - Morgan Stanley Lance Vitanza - TD Cowen Louie DiPalma - William Blair Operator Good day, and welcome to the First Quarter 2023, Gogo Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode.

Gogo Inc. (GOGO) Q1 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Gogo (GOGO) give a sense of how the business performed in the quarter ended March 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Gogo (GOGO) Reports Q1 Earnings: What Key Metrics Have to Say

First Quarter Revenue of $98.6 million, up 6% Year-over-Year; Net Income of $20.4 million; and Adjusted EBITDA (1) of $39.7 million BROOMFIELD, Colo. , May 3, 2023 /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 March 31, 2023.

Gogo Announces First Quarter Results and Pays Down $100 Million of Debt, Reiterates 2023 Guidance and Long-Term Targets

BROOMFIELD, Colo. , May 1, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, provided notice to its Term Loan lenders of its intent to paydown $100 million principal amount of its outstanding Term Loan which is expected to be effectuated on May 3, 2023.

Gogo Announces $100 Million Debt Prepayment

Installations of 5G Provisions and 5G STC Portfolio in Development ORLANDO (AEA Booth #906), April 25, 2023 /PRNewswire/ -- Duncan Aviation, in partnership with Gogo Business Aviation (NASDAQ: GOGO), is actively developing several additional 5G Supplemental Type Certifications (STCs) for the Gogo 5G system and provisioning multiple models of popular business aircraft. "The Duncan Aviation partnership on the active development of a comprehensive 5G STC portfolio is leading the industry as we prepare to launch 5G service later this year," said Dave Salvador, vice president of the aftermarket channel for Gogo.

Duncan Aviation Readying for Gogo 5G

ORLANDO, Fla. , April 24, 2023 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) announced today it will expand its Gogo 5G network into Canada, providing additional coverage to business aviation operators in North America.

Gogo Expands 5G Footprint into Canada Providing Greater Coverage for Business Aviation Operators

BROOMFIELD, Colo. , April 20, 2023 /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 first quarter of 2023 before the market opens on May 3, 2023.

Gogo Inc. to Report First Quarter 2023 Financial Results on May 3, 2023

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Gogo Inc. (NASDAQ:GOGO ) Q4 2022 Results Conference Call February 28, 2023 8:30 AM ET Company Participants Will Davis - Vice President of Investor Relations Oakleigh Thorne - Chairman and CEO Barry Rowan - Executive Vice President and CFO Jessi Betjemann - Senior Vice President, Finance, Chief Accounting Officer and Treasurer Conference Call Participants Ric Prentiss - Raymond James Scott Searle - ROTH Capital Markets Lance Vitanza - Cowen Louie DiPalma - William Blair Operator Thank you for standing by. And welcome to the Gogo's Fourth Quarter 2022 Earnings Conference Call.

Gogo Inc. (GOGO) Q4 2022 Earnings Call Transcript

Gogo (GOGO) delivered earnings and revenue surprises of 40% and 0.95%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Gogo (GOGO) Q4 Earnings and Revenues Surpass Estimates

Record Fourth Quarter Revenue of $108.2 million, up 17% Year-over-Year; Net Income from Continuing  Operations of $27.7 million; and Record Adjusted EBITDA (1) of $46.2 million, up 17% Year-over-Year Record Full Year Revenue of $404.1 million, up 20% Year-over-Year; Net Income from Continuing Operations of $92.1 million; and Adjusted EBITDA of $173.8 million BROOMFIELD, Colo. , Feb. 28, 2023 /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 and full-year ended December 31, 2022.

Gogo Announces Record Fourth Quarter and 2022 Results, Provides 2023 Guidance and Updates Long-Term Targets

Additions Strengthen Patent Infringement Lawsuit Against Gogo RESEARCH TRIANGLE, N.C., Feb. 21, 2023 /PRNewswire/ -- SmartSky Networks, LLC, has asked the U.S. District Court in Delaware to add two recently issued patents to its 2022 infringement lawsuit (C.A.

SmartSky Patent Portfolio Expands to Protect Industry Leading Innovations

BROOMFIELD, Colo. , Feb. 15, 2023 /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 fourth quarter of 2022 before the market opens on February 28, 2023.

Gogo Inc. to Report Fourth Quarter 2022 Financial Results on February 28, 2023

Goldfine Named Controller and Chief Accounting Officer BROOMFIELD, Colo. , Feb. 14, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced Jessica (Jessi) Betjemann will be promoted to Executive Vice President and Chief Financial Officer and Leigh Goldfine will be appointed to Chief Accounting Officer.

Betjemann Promoted to Chief Financial Officer for Gogo

5G System on Track with Chip Fabrication Underway BROOMFIELD, Colo. , Jan. 25, 2023 /PRNewswire/ -- The chip needed for Gogo 5G recently passed a critical design review and is now in fabrication with delivery expected midyear.

Gogo 5G Chip Passes Critical Review

BROOMFIELD, Colo. , Jan. 17, 2023 /PRNewswire/ -- Gogo Business Aviation's (NASDAQ: GOGO) connectivity solution for light jets – Gogo AVANCE L3 – has been selected by Jet It for installation across its fleet of HondaJets, Gulfstream G150s and new Embraer Phenom 300 aircraft.

News for Gogo Stock (GOGO)