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.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Albertsons Companies

Altimeter Growth

Blink Charging

Clover Health Investments

Esperion Therapeutics

Fulgent Genetics

Arcimoto

Canoo

Nikola

Workhorse Group

Pubmatic

Investors are seeking out the most highly shorted stocks. With GME and AMC seeing monolithic gains, can the same thing be done elsewhere?

12 Most Highly Shorted Stocks Heading Into Q3 2021

GoodRx Holdings

GEO Group

Ontrak

Root

SmileDirectClub

We're taking a look at the top 10 short-squeeze stocks for Tuesday with the companies that have the highest short interest. The post Short-Squeeze Stocks: Today's Top 10 Stocks With High Short Interest appeared first on InvestorPlace.

Short-Squeeze Stocks: Today's Top 10 Stocks With High Short Interest

BOCA RATON, Fla.--(BUSINESS WIRE)--Airspan Networks Inc. (“Airspan”), which provides ground-breaking, disruptive software and hardware for 5G network solutions, is helping Gogo deliver 5G technology to business aircraft. Gogo Business Aviation (NASDAQ: GOGO) (“Gogo”), the world's largest provider of broadband connectivity services for the business aviation market, has achieved several key milestones on the way to deploying a nationwide 5G air-to-ground (ATG) network, developing a portfolio of 5

Using Airspan 5G Massive MIMO Antennas & Open RAN Software, Gogo Achieves Major Milestones Toward Developing 5G Air-to-Ground Network for Business Aircraft

BROOMFIELD, Colo., June 22, 2021 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) has completed several key milestones as it continues to develop its 5G air-to-ground (ATG) network and onboard equipment.

Gogo Gives 5G Progress Update

BROOMFIELD, Colo., June 21, 2021 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) has once again set a new standard for inflight connectivity with its AVANCE L5 and L3 systems now installed and flying on 2,000 business aircraft.

Gogo AVANCE L5 and L3 Now Flying on 2,000 Business Aircraft

Gogo (GOGO) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

Gogo (GOGO) Stock Jumps 7.9%: Will It Continue to Soar?

CHICAGO, May 20, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced that Oakleigh Thorne, Chairman and CEO of Gogo, will participate in the following three virtual financial conferences: J.P. Morgan 49th Annual Global Technology, Media and Communications Conference Virtual Fireside Chat will occur from 3:40 p.m.

Gogo Inc. to Participate in Upcoming Financial Conferences

CHICAGO, May 18, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo") announced today the appointment of individuals to fill two senior leadership positions. Gustavo Nader will join Gogo as the new Chief Strategy Officer and Melissa Hale will serve as Senior Vice President of Product and Marketing.

Gogo Appoints Chief Strategy Officer and Senior Vice President of Product and Marketing in Two Newly Created Roles to Support Continued Growth Trajectory

The Covid pandemic changed in-flight broadband business. Gogo is now a streamlined, fat-free organization.

Gogo: ATG Knocks Out Satellite Internet

Gogo Inc. (GOGO) CEO Oakleigh Thorne on Q1 2021 Results - Earnings Call Transcript

Gogo Inc (NASDAQ: GOGO) reported first-quarter FY21 revenue growth of 4.1% year-on-year to $73.869 million, marginally beating analyst consensus of $73.85 million. Improvement in service and equipment revenue drove the revenue growth signifying continuing recovery in the business aviation industry and strong sales of Gogo's AVANCE platform.

Gogo Stock Flies High Q1 Earnings Beat, Raised FY21 Guidance

Shares of Gogo (NASDAQ:GOGO) fell 0.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 85.11% over the past year to ($0.07), which beat the estimate of ($0.13).

Recap: Gogo Q1 Earnings

CHICAGO, May 6, 2021 /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, 2021. Q1 2021 Highlights Total revenue of $73.9 million increased 4% year-over-year Net loss of $5.9 million from continuing operations compared to a net loss from continuing operations of $9.4 million in Q1 2020, and Adjusted EBITDA(1) of $33.9 million, an increase of 25% from Q1 2020 Total ATG aircraft online ("AOL") grew 3% year-over-year and 2% sequentially to 5,892 Total AVANCE units online grew more than 42% year-over-year to 1,900.

Gogo Announces First Quarter 2021 Financial Results

Business aviation broadband connectivity services provider Gogo Inc (NASDAQ: GOGO) has announced the first limitless streaming and data plan in business aviation, Gogo Biz 4G Limitless, priced at $9,995 per month under one unlimited plan. Gogo also offered two new high data plans, Gogo Biz 4G 20000 with 20GB of data, and Gogo Biz 4G 25000 with 25GB of data, priced at $5,650 per month ($0.50/MB overage) and $6,495 per month ($0.45/MB overage), respectively.

Gogo Rolls Out Unlimited Business Aviation Streaming, Data Plan

BROOMFIELD, Colo., May 3, 2021 /PRNewswire/ -- To better accommodate the rising demand for data onboard business aircraft, Gogo (NASDAQ: GOGO) is announcing the first unlimited streaming and data plan in business aviation – Gogo Biz 4G Limitless.

Gogo to Offer Business Aviation's First Unlimited Streaming and Data Wi-Fi Plan

SAN DIEGO, April 29, 2021 /PRNewswire/ -- Johnson Fistel, LLP is investigating potential claims on behalf of Gogo Inc. (the "Company" or "Gogo") (NASDAQ: GOGO) against certain of its officers. On April 26, 2021, Judge Jorge L.

Gogo Inc. (GOGO) Alert: Shareholder Class Action Survives Motion to Dismiss; Should Management be Held Accountable for Investors Losses? Contact Johnson Fistel

CHICAGO, April 27, 2021 /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 2021 before the market opens on May 6, 2021.  The Company will host a conference call with financial analysts the same day at 8:30 a.m.

Gogo Inc. to Report First Quarter 2021 Financial Results on May 6, 2021

CHICAGO, April 21, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo") today announced the pricing and allocation of a 7-year $725 million term loan B (the "Term Loan B") and a 5-year $100 million revolving credit facility (the "Revolver" and together with the Term Loan B, the "Facilities"), marking an important milestone in its comprehensive refinancing efforts. Gogo expects that the Term Loan B will bear interest at LIBOR (with a LIBOR floor of 0.75%) plus 3.75% and be offered at 99.5% of par (or with an original issue discount of 0.5%).

Gogo Marks Key Milestone in Comprehensive Refinancing with Pricing and Allocation of New Term Loan B and Revolver

LOS ANGELES--(BUSINESS WIRE)--Jet Edge, the leader in full-service private aviation, is proud to announce a new partnership with Gogo Business Aviation (NASDAQ: GOGO), the industry's top inflight internet provider. The long-term partnership will upgrade Jet Edge's AdvantEdge and Managed super-mid and large cabin fleet to AVANCE L5, Gogo's most popular connectivity system that delivers a robust inflight 4G Wi-Fi experience. “Jet Edge is proud to partner with Gogo, the industry leader for high-sp

Jet Edge Announces Partnership with Gogo Business Aviation to Provide 4G Streaming Wi-Fi Fleet Wide – a First for Any Private Jet Charter Operator

LOS ANGELES, April 19, 2021 /PRNewswire/ -- Jet Edge, the leader in full-service private aviation, is proud to announce a new partnership with Gogo Business Aviation (NASDAQ: GOGO), the industry's top inflight internet provider. The long-term partnership will upgrade Jet Edge's AdvantEdge and Managed super-mid and large cabin fleet to AVANCE L5, Gogo's most popular connectivity system that delivers a robust inflight 4G Wi-Fi experience.

Jet Edge Announces Partnership With Gogo Business Aviation To Provide 4G Streaming Wi-Fi Fleet Wide - A First For Any Private Jet Charter Operator

Cambium Networks Corp

United States Cellular

3 Wireless Stocks Set to Transcend Acute Chip Shortage

A rising tide led this week by the Nasdaq isn't rubbing off on today's most-shorted stocks, but don't lump them all together just yet. The post Today's Most-Shorted Stocks to Trade appeared first on InvestorPlace.

Today's Most-Shorted Stocks to Trade

Private equity firm GTCR will convert $105.7 million Gogo Inc's (NASDAQ: GOGO) 6% Convertible Senior Notes due 2022 into 19.1 million Gogo's shares gaining a 28.6% stake ownership in Gogo. Gogo will be left with 111.1 million shares and $1.08 billion in debt under the arrangement after a debt reduction of $135 million from Dec. 31, 2020.

Gogo Shares Are Trading Higher On Convertible Debt Exchange And Refinancing Procedure

CHICAGO, April 1, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo") today announced a convertible debt exchange and the beginning of a refinancing process, marking significant progress in its efforts to complete a comprehensive refinancing. Under the exchange agreement (the "Agreement"), GTCR, a leading private equity firm, will convert all of its $105.7 million principal amount of Gogo's 6.0% Convertible Senior Notes due 2022 (the "Notes") into shares of Gogo's common stock.

Gogo Announces Convertible Debt Exchange and Begins Refinancing Process

DocuSign

Jumia

Rocket Companies, Inc.

Gogo, Jumia, Rocket Companies and DocuSign were our top stock trades for Friday. Now, let's look at how the charts are shaping up.

News for Gogo Stock (GOGO)