Gogo Announces Fourth Quarter and Full-Year 2019 Financial Results

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Go back to Gogo Announces Fourth Quarter and Full-Year 2019 Financial Results

Gogo (GOGO) Tops Q4 EPS by 21c, Revenues Beat

March 13, 2020 7:05 AM EDT

Gogo (NASDAQ: GOGO) reported Q4 EPS of ($0.28), $0.21 better than the analyst estimate of ($0.49). Revenue for the quarter came in at $221.3 million versus the consensus estimate of $207.23 million.

Q4 and Full-Year 2019 Highlights

Consolidated revenue of $221.3 million in Q4 2019, up 2% from Q4 2018; Net loss of $22.4 million in Q4 2019Adjusted EBITDA(1) of $34.4 million in Q4 2019, resulting in record full-year 2019 Adjusted EBITDA of $145.6 millionRecord BA Reportable Segment Profit of $41.7 million in Q4 2019, up... More