UPDATE: Gogo (GOGO) Posts Q3 Loss of 37c/Share

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Go back to UPDATE: Gogo (GOGO) Posts Q3 Loss of 37c/Share

Gogo Announces Third Quarter 2015 Financial Results

November 5, 2015 7:30 AM EST

CHICAGO, Nov. 5, 2015 /PRNewswire/ -- Gogo Inc. (Nasdaq: GOGO), the global leader in providing broadband connectivity solutions and wireless in-flight entertainment to the aviation industry, today announced its financial results for the quarter ended September 30, 2015.

Gogo's quarterly revenue increased to $126.4 million, up 22% year-over-year; service revenue increased to $107.2 million, up 31% year-over-year; and Adjusted EBITDA increased to $9.7 million, up 738% or $8.5 million year-over-year.

"We are extremely pleased with our strong financial performance for the quarter, and even more pleased with... More