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Gogo (GOGO)
NASDAQ:GOGO
Earnings Data
Report Date
May 01, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.03Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 14, 2025
|% Change Since: 8.01%
|Next Earnings Date:May 01, 2025
Earnings Call Sentiment|Neutral
Gogo Inc. experienced significant revenue growth and successful integration with Satcom Direct, achieving high ARPU and receiving full FCC funding. However, the financial outlook for 2025 appears flat due to delays and net losses, impacting the short-term financial health.Company Guidance
In the Q4 2024 earnings call for Gogo Inc., several key metrics and forward-looking guidance were discussed. The company reported a total revenue of $137.8 million for the quarter, a 41% year-over-year increase, driven by the inclusion of Satcom Direct's results and growth in service revenue. Total service revenue reached $119 million, marking a 47% increase year-over-year. The company achieved record ATG ARPU of $3,500, a 3% increase from the previous year. Gogo's standalone business met or exceeded 2024 guidance on all metrics, excluding transaction expenses. However, due to a delay in FAA testing for the Galileo HDX antenna, the company is expecting flat revenue and EBITDA guidance for 2025. Looking forward, Gogo anticipates 2026 to be a significant inflection point for free cash flow, driven by higher-margin service revenue from Galileo and 5G investments, a reduction in program investments by approximately $60 million, and achieving high-end run rate synergies of $25 million to $30 million. The company projects 2025 revenue in the range of $870 million to $910 million, adjusted EBITDA between $200 million to $220 million, and free cash flow of $60 million to $90 million.Strong Revenue Growth
Gogo's total revenue for Q4 2024 was $137.8 million, up 41% year-over-year and 37% sequentially.
Record ARPU Achieved
Total ATG ARPU reached a record of $3,500, representing a 3.4% growth compared to prior year.
Successful Integration with Satcom Direct
The acquisition of Satcom Direct has shown positive impact with expected run rate synergies at the high end of $25 million to $30 million range.
PMA Approval for Galileo HDX
Despite a short delay, Gogo received PMA approval for the Galileo HDX LEO antenna and started shipping products to dealers.
FCC Program Fully Funded
The FCC program for upgrading the ATG network to LTE received full funding, increasing expected program cash reimbursements by approximately $50 million.
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GOGO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GOGO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 14, 2025 | $6.87 | $6.86 | -0.15% |
| Nov 05, 2024 | $6.55 | $8.53 | +30.23% |
| Aug 07, 2024 | $8.04 | $7.77 | -3.36% |
| May 07, 2024 | $9.41 | $10.00 | +6.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Gogo (GOGO) report earnings?
Gogo (GOGO) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is Gogo (GOGO) earnings time?
Gogo (GOGO) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is GOGO EPS forecast?
GOGO EPS forecast for the fiscal quarter 2025 (Q1) is 0.03.
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