Gogo (GOGO) Misses Q2 EPS by 1c

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Gogo Announces Second Quarter 2015 Financial Results Record quarterly revenue up 22 percent to $121 million

August 6, 2015 6:30 AM EDT

CHICAGO, Aug. 6, 2015 /PRNewswire/ -- Gogo Inc. (Nasdaq: GOGO), a leading global aero communications service provider, today announced its financial results for the quarter ended June 30, 2015.

Gogo reported record quarterly revenue of $121.2 million, up 22% year-over-year. Service revenue increased 28% to $101.4 million, exceeding $100 million in a single quarter for the first time. Adjusted EBITDA increased $7.7 million to a record $10.8 million.

"Q2 was another outstanding quarter for Gogo. We delivered record financial results; received the first of two... More