Gogo (GOGO) Q2 Revenue Tops Consensus, Offers Guidance

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Go back to Gogo (GOGO) Q2 Revenue Tops Consensus, Offers Guidance

Gogo Announces Second Quarter 2021 Financial Results

August 5, 2021 7:00 AM EDT

CHICAGO, Aug. 5, 2021 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended June 30, 2021.

Q2 2021 Highlights

Total revenue of $82.4 million, an increase of 16% compared to Q2 2019, 51% compared to Q2 2020 and 12% compared to Q1 2021, fueled by strong growth in both service and equipment revenue. Record service revenue of $64.8 million increased more than 18% compared to Q2 2019, 47% compared to Q2 2020 and 9% compared to Q1 2021. Equipment... More