Gogo (GOGO) Tops Q4 EPS by 33c, Revenues Beat

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Go back to Gogo (GOGO) Tops Q4 EPS by 33c, Revenues Beat

Gogo Announces Fourth Quarter and Full-Year 2020 Financial Results

March 11, 2021 7:00 AM EST

CHICAGO, March 11, 2021 /PRNewswire/ -- Gogo (NASDAQ: GOGO), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter and fiscal year ended December 31, 2020.

Q4 2020 Highlights of Continuing Operations

Total revenue of $77.6 million, a 17% sequential improvement, reflecting continuing recovery in the business aviation industry Net loss of $16.1 million and Adjusted EBITDA(1) of $19.3 million, each of which includes a $10.1 million full year accrual of employee bonus expense ATG aircraft online grew nearly 4%... More