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 ...

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 authorization to ship Gogo Galileo HDX antenna starting in Q1 2025 Provides 2025 Financial Guidance BROOMFIELD, Colo., March 14, 2025 (GLOBE NEWSWIRE) -- Gogo Inc. (NASDAQ:GOGO) ("Gogo" or the "Company"), a leading global provider of broadband connect ...

Financial Results - Gogo Inc. is set to release its fourth-quarter financial results on March 14, with analysts expecting earnings of 9 cents per share, a decrease from 11 cents per share in the same quarter last year [1] - The projected quarterly revenue is $97.8 million, slightly down from $97.81 million a year earlier [1] Acquisition and Leadership Changes - On December 4, 2024, Gogo completed its acquisition of Satcom Direct and appointed Chris Moore, the President of SD, as the new CEO of Gogo [2] - Following the announcement, Gogo shares fell by 1.2%, closing at $6.87 [2] Analyst Ratings - Roth MKM analyst Scott Searle maintains a Buy rating with a price target of $15.5 as of September 17, 2024, with a 70% accuracy rate [4] - Morgan Stanley analyst Simon Flannery has an Equal-Weight rating and reduced the price target from $12 to $11 on September 3, 2024, with a 66% accuracy rate [4] - JP Morgan analyst Philip Cusick holds a Neutral rating and lowered the price target from $11 to $10 on August 8, 2024, with a 63% accuracy rate [4]

Broomfield, CO., March 10, 2025 (GLOBE NEWSWIRE) -- Gogo (NASDAQ: GOGO) has received PMA (Parts Manufacturer Approval) from the Federal Aviation Administration (FAA) for its Gogo Galileo HDX antenna. To secure confirmation, Gogo worked with Delta Engineering, which, as a member of the FAA Organization Designation Authorization (ODA) program, administered the approval.  With the PMA confirmed Gogo is moving to full-scale production and sales of the HDX, enabling the global Gogo dealer network to begin instal ...

Core Insights - Michael Dion is an expert in FP&A, Corporate Finance, and Small Business with 12 years of experience in Fortune 100 companies and various industries [1] - He founded F9 Finance, a platform aimed at helping finance professionals and small business owners understand finance and accounting concepts [1] - Dion's investment strategy focuses on identifying value opportunities where market reactions to news are disproportionate, emphasizing strong fundamentals and dividends [1] Industry Insights - The finance and accounting sectors are increasingly recognizing the importance of cash flow for both companies and investors [1] - There is a growing trend of small businesses seeking guidance from experienced finance professionals to enhance their financial management [1]

Core Points - Gogo Inc. will release its fourth quarter and full year 2024 financial results on March 14, 2025, before market opens [1] - The company filed a 12b-25 Notice of Late Filing with the SEC, indicating it will not meet the March 3 deadline for the 2024 Form 10-K due to the acquisition of Satcom Direct and the need for financial statement harmonization [2] Financial Results Announcement - The financial results will be discussed in a conference call with financial analysts at 8:30 a.m. (ET) on the same day [1] - A live webcast of the conference call will be available on the company's investor relations website [3] Company Overview - Gogo is a leading provider of broadband connectivity services specifically for the business aviation market, offering multi-orbit, multi-band in-flight connectivity solutions [4] - The company integrates Air-to-Ground systems with high-speed satellite networks to provide global connectivity supported by a dedicated customer support team [5]

BROOMFIELD, Colo., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Following the acquisition of Satcom Direct by Gogo Business Aviation (NASDAQ:GOGO), the unified company's CEO, Chris Moore, today announces that Gogo is the new brand identity for the connectivity giant. The newly crafted Gogo identity and logo capitalize on the strong brand heritage of both companies while simultaneously reflecting the expanded business. The new identity blends the familiarity of the Gogo name with the Satcom Direct blue, known for inspi ...

Core Insights - Gogo Business Aviation and Satcom Direct have renewed a three-year preferred supplier agreement with Luxaviation Group, enhancing their partnership established in 2021 [1][12] - The new agreement provides Luxaviation with access to advanced connectivity solutions, including Gogo Galileo phased array antennas and a North American Air-to-Ground connectivity network [1][2] - The collaboration aims to deliver uninterrupted broadband connectivity for Luxaviation's customers, ensuring seamless service regardless of aircraft size [3][4] Company Overview - Gogo|Satcom Direct is positioned as a leading multi-orbit, multi-band in-flight connectivity provider, catering to both business and military/government aviation sectors [5][6] - The merger of Gogo Business Aviation and Satcom Direct has created a comprehensive product portfolio designed for various aircraft types, enhancing service reliability and innovation in inflight connectivity [5][7] - The combined organization offers a sophisticated suite of software, hardware, and infrastructure, supported by 24/7 customer service, to ensure consistent global connectivity [6][7]

Core Points - Gogo Business Aviation and Airbus have finalized a Memorandum of Understanding (MoU) to enhance connectivity solutions for Airbus ACJ operators, focusing on low-latency, high-speed broadband internet [1][4] - The collaboration will provide Airbus' ACJ Connect Link customers with Gogo's Air-to-Ground (ATG) and Gogo Galileo Half Duplex (HDX) and Full Duplex (FDX) terminals as retrofit options across all Airbus ACJ types [2][4] - Gogo will supply next-gen phased array antennas powered by the Eutelsat OneWeb Low Earth Orbit (LEO) constellation, enabling rapid access to high-speed cabin connectivity and inflight services [3][6] Company Collaboration - The MoU includes a commitment to cybersecurity services, crew training, and 24/7 customer support, enhancing the overall service offering for ACJ operators [2][4] - Airbus will work with qualified partners to certify terminal integration and generate necessary Supplemental Type Certificates for the new equipment installations [4] - The partnership aims to elevate the connectivity experience for passengers and crew, allowing for uninterrupted applications such as voice, internet, and video conferencing [5][6] Industry Impact - The merger of Gogo Business Aviation and Satcom Direct has created a unique multi-orbit, multi-band in-flight connectivity provider, setting new standards for reliability and innovation in the aviation industry [7][9] - The combined organization offers a sophisticated suite of software, hardware, and infrastructure, supported by a dedicated customer support team [8][9] - This collaboration is expected to significantly enhance the connectivity capabilities of business and military/government aviation sectors [7][9]

Core Viewpoint - Gogo Business Aviation and Satcom Direct have finalized a Memorandum of Understanding with Airbus to enhance connectivity solutions for Airbus ACJ operators, leveraging Gogo's advanced technologies for high-speed broadband internet [1][4][6] Group 1: Partnership Details - The MoU aims to provide Airbus ACJ Connect Link customers with Gogo's Air-to-Ground (ATG) and Gogo Galileo Half Duplex (HDX) and Full Duplex (FDX) terminals as retrofit options across all Airbus ACJ types [2][12] - The collaboration will include Gogo's added value services such as cybersecurity, crew training, and 24/7 customer support [2][4] Group 2: Technology and Solutions - Gogo will supply next-gen phased array antennas powered by the Eutelsat OneWeb Low Earth Orbit (LEO) constellation, enabling rapid access to high-speed cabin connectivity and inflight services [3][6] - The Gogo Galileo solution will allow operators, passengers, and crew to access a wide range of applications including voice, internet, email, video conferencing, and live streaming [5][6] Group 3: Strategic Implications - Airbus Corporate Jets' President expressed confidence in Gogo's technology and support, emphasizing the importance of reliable connectivity for business leaders [4] - The partnership is expected to set new standards for inflight connectivity, enhancing the overall customer experience for Airbus ACJ operators [9][8]