Gogo (GOGO) Tops Q1 EPS by 5c

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Go back to Gogo (GOGO) Tops Q1 EPS by 5c

Gogo Announces First Quarter 2015 Results

May 7, 2015 7:30 AM EDT

ITASCA, Ill., May 7, 2015 /PRNewswire/ -- Gogo Inc. (Nasdaq: GOGO), a leading global aero communications service provider, today announced its financial results for the quarter ended March 31, 2015.

Gogo reported record first quarter revenue of $115.5 million, up 21% year-over-year, as service revenue increased 32% to $95.4 million. Adjusted EBITDA rose 54% year-over-year to $8.2 million.  

"Q1 was a very strong quarter for Gogo on many fronts. We delivered record financial results highlighted by strong revenue growth and increased profitability.  We continued to bring more bandwidth... More