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0 -0.04739336492891 -0.04739336492891 -0.04739336492891 0.0308293838862558 0.156398104265403 0.154028436018957 0.16824644549763
Stock impact report

Gogo Provides Preliminary First Quarter 2019 Financial Results

Gogo Inc. (GOGO) 
Last gogo inc. earnings: 3/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.gogoair.com/investor-overview
Company Research Source: PR Newswire
CHICAGO, April 15, 2019 /PRNewswire/ -- Gogo (NASDAQ: GOGO), the leading global provider of broadband connectivity products and services for aviation, announces the following preliminary first quarter 2019 financial results:Consolidated revenue of $197 million to $200 million Consolidated net loss of $17 million to $20 million Adjusted EBITDA of $35 million to $38 million Net loss and Adjusted EBITDA both include the benefit of approximately $7 million in project-related revenue for an airline customer and $4 million of delayed timing of expense items Total cash and cash equivalents at March 31, 2019 of approximately $188 million, reflecting $46 million in semi-annual interest payments made by the Company during the quarter "The combination of better than expected Commercial Aviation service revenue and lower than expected overall operating and satcom costs contributed to our much better than expected preliminary Adjusted EBITDA in the first quarter," said Oakleigh Thorne, President a Show less Read more
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