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Stock impact report

William Blair Downgrades Gogo (GOGO) to Market Perform on Starlink Competition and High Debt as AVANCE Migration Stalls Growth [Yahoo! Finance]

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: Yahoo! Finance
The firm expressed concern over intensifying competition from Elon Musk's Starlink. This external pressure is compounded by Gogo's high net debt and the expectation that subscriber growth for its Air-to-Ground/ATG network will remain stagnant. The company's growth is currently hindered by a multi-quarter transition period as it works to migrate its remaining Classic system users over to the newer AVANCE platform. In its Q3 2025 earnings report, Gogo highlighted a period of intense product transition and record-breaking demand for its hardware. The company achieved a milestone in equipment shipments, delivering 437 ATG units during the quarter. This surge in hardware sales signals robust future installation activity as Gogo prepares to roll out its next-gen 5G, HDX, and FDX systems, which aim to provide streaming-quality speeds for the global business jet market. Strategically, the company is gaining traction in the MilGov (Military and Government) and international sectors. A majo Show less Read more
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