Gogo (GOGO) Reports Q4 Loss of $0.22/sh, Issues Guidance
Gogo (NASDAQ: GOGO) reported Q4 EPS of ($0.22), versus $0.11 reported last year. Revenue for the quarter came in at $137.8 million, versus $97.81 million reported last year.
GUIDANCE:
Gogo sees FY2025 revenue of $870-910 million.
- Adjusted EBITDA(1) in the range of $200 million to $220 million, reflecting operating expenses of approximately $25 million for strategic and operational initiatives, including Gogo 5G and Gogo Galileo.
- Free Cash Flow(1) in the range of $60 million to $90 million, including $70 million of strategic initiatives, net of reimbursements tied to the FCC Reimbursement Program.
- Capital expenditures of approximately $60 million, including $45 million for strategic initiatives including Gogo 5G, Gogo Galileo and the LTE network build, and excluding $20 million in capex reimbursement from the FCC program.
For earnings history and earnings-related data on Gogo (GOGO) click here.
