Gogo Announces First Quarter Results
Gogo Inc. (GOGO)
Last gogo inc. earnings: 3/13 07:00 am
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US:NASDAQ Investor Relations:
ir.gogoair.com/investor-overview
Company Research
Source: PR Newswire
Total Revenue of $104.3 million, up 6% Year-over-Year; Record First Quarter Service Revenue of $81.7 million, up 4% Year-over-YearQ1 Net Income of $30.5 million; Adjusted EBITDA(1) of $43.3 millionUpdates 2024 Adjusted EBITDA Guidance and Reiterates Long-Term TargetsBROOMFIELD, Colo., May 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 March 31, 2024.Q1 2024 Highlights Total revenue of $104.3 million increased 6% compared to Q1 2023 and 7% compared to Q4 2023.Record service revenue of $81.7 million increased 4% compared to Q1 2023 and 1% compared to Q4 2023.Equipment revenue of $22.6 million increased 13% compared to Q1 2023 and increased 34% compared to Q4 2023.AVANCE equipment units shipped totaled 258, an increase of 16% compared to Q1 2023 and an increase of 28% compared to Q4 2023.Total ATG aircra
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News
- Gogo Inc. (NASDAQ:GOGO) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, Gogo (GOGO) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- Gogo Announces First Quarter Results [Yahoo! Finance]Yahoo! Finance
- Gogo Inc. to Report First Quarter 2024 Financial Results on May 7, 2024PR Newswire
- Gogo Inc. (NASDAQ: GOGO) had its price target lowered by analysts at Morgan Stanley from $15.00 to $12.00. They now have an "equal weight" rating on the stock.MarketBeat
GOGO
Earnings
- 5/7/24 - Beat
GOGO
Sec Filings
- 5/9/24 - Form DEFA14A
- 5/7/24 - Form 8-K
- 5/7/24 - Form 10-Q
- GOGO's page on the SEC website