Gogo Announces Fourth Quarter and Full Year 2024 Results
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March 17, 2025 4:23 PM EDT
Raymond James analyst Ric Prentiss reiterated a Market Perform rating on Gogo (NASDAQ: GOGO).
The analyst comments "We reiterate our Market Perform rating on GOGO after 4Q24 results, with weaker than expected 2025 guidance discussed below and in our note HERE, and following the early December closing of the deal to buy Satcom Direct (SD). The SD deal roughly doubles GOGOs size, and GOGOs ATG/LEO offering focused on small and... More
March 14, 2025 7:14 AM EDT
Gogo (NASDAQ: GOGO) reported Q4 EPS of ($0.22), versus $0.11 reported last year. Revenue for the quarter came in at $137.8 million, versus $97.81 million reported last year.
GUIDANCE:
Gogo sees FY2025 revenue of $870-910 million.
Adjusted EBITDA(1) in the range of $200 million to $220...
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