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Gogo. Earnings Calls

Q1 2025 Beat
$0.180 (260.00%)
Release date May 09, 2025
EPS estimate $0.0500
EPS actual $0.180
EPS Surprise 260.00%
Revenue estimate 217.656M
Revenue actual 230.307M
Revenue Surprise 5.81%
Q4 2024 Beat
$0.0700 (75.00%)
Release date Mar 14, 2025
EPS estimate $0.0400
EPS actual $0.0700
EPS Surprise 75.00%
Revenue estimate 99.874M
Revenue actual 137.799M
Revenue Surprise 37.97%
Q3 2024 Beat
$0.120 (140.00%)
Release date Nov 05, 2024
EPS estimate $0.0500
EPS actual $0.120
EPS Surprise 140.00%
Revenue estimate 97.803M
Revenue actual 100.529M
Revenue Surprise 2.79%
Q2 2024 Beat
$0.100 (42.86%)
Release date Aug 07, 2024
EPS estimate $0.0700
EPS actual $0.100
EPS Surprise 42.86%
Revenue estimate 99.01M
Revenue actual 102.059M
Revenue Surprise 3.08%

Last 4 Quarters for Gogo.

Below you can see how GOGO performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.

Q2 2024 Beat
Release date Aug 07, 2024
Fiscal end date Jun 30, 2024
Price on release $7.77
EPS estimate $0.0700
EPS actual $0.100
EPS surprise 42.86%
Date Price
Aug 01, 2024 $8.66
Aug 02, 2024 $8.35
Aug 05, 2024 $8.01
Aug 06, 2024 $8.04
Aug 07, 2024 $7.77
Aug 08, 2024 $7.74
Aug 09, 2024 $7.63
Aug 12, 2024 $7.36
Aug 13, 2024 $7.09
4 days before -10.28%
4 days after -8.75%
On release day -0.386%
Change in period -18.13%
Q3 2024 Beat
Release date Nov 05, 2024
Fiscal end date Sep 30, 2024
Price on release $8.53
EPS estimate $0.0500
EPS actual $0.120
EPS surprise 140.00%
Date Price
Oct 30, 2024 $6.75
Oct 31, 2024 $6.55
Nov 01, 2024 $6.66
Nov 04, 2024 $6.55
Nov 05, 2024 $8.53
Nov 06, 2024 $8.02
Nov 07, 2024 $7.93
Nov 08, 2024 $8.01
Nov 11, 2024 $8.18
4 days before 26.37%
4 days after -4.10%
On release day -5.98%
Change in period 21.19%
Q4 2024 Beat
Release date Mar 14, 2025
Fiscal end date Dec 31, 2024
Price on release $6.86
EPS estimate $0.0400
EPS actual $0.0700
EPS surprise 75.00%
Date Price
Mar 10, 2025 $6.70
Mar 11, 2025 $7.34
Mar 12, 2025 $6.95
Mar 13, 2025 $6.87
Mar 14, 2025 $6.86
Mar 17, 2025 $6.47
Mar 18, 2025 $6.93
Mar 19, 2025 $7.70
Mar 20, 2025 $7.72
4 days before 2.39%
4 days after 12.54%
On release day -5.69%
Change in period 15.22%
Q1 2025 Beat
Release date May 09, 2025
Fiscal end date Mar 31, 2025
Price on release $11.00
EPS estimate $0.0500
EPS actual $0.180
EPS surprise 260.00%
Date Price
May 05, 2025 $7.50
May 06, 2025 $7.52
May 07, 2025 $7.53
May 08, 2025 $7.57
May 09, 2025 $11.00
May 12, 2025 $12.36
May 13, 2025 $11.86
May 14, 2025 $12.19
May 15, 2025 $12.20
4 days before 46.67%
4 days after 10.91%
On release day 12.36%
Change in period 62.67%

Gogo. Earnings Call Transcript Summary of Q1 2025

Gogo Inc. Q1 2025 Earnings Call Summary for Investors

Key Highlights:

  • Merger Progress: Gogo is integrating with Satcom Direct, showing promising strategic alignment and operational momentum, marked by new OEM agreements and product approvals.
  • Product Approvals: Received PMA approval for HDX and FDX Galileo antennas, enabling product shipping and STC development. Anticipated launch of new broadband offerings is set for later this year.
  • Revenue Growth: Q1 revenue reached $230.3 million, a 121% increase year-over-year, driven largely by service revenue growth and increased number of GEO aircraft online (1,280, up 16% from Q1 2024).
  • Service and Customer Metrics: Advanced platform penetration within air-to-ground fleet rose to 68%. 85% of targeted cost synergies post-merger have been realized, with expectations for full realization by 2026.
  • Market Demand and Strategy:
    • Business aviation presents significant growth opportunities, especially in broadband connectivity.
    • Increased military and government spending on LEO satellite services is expected, with the Department of Defense projected to increase spending from $900 million to $13 billion over the next decade.
  • Financial Guidance: Reiterated guidance for 2025: total revenue expected between $870 million and $910 million, adjusted EBITDA of $200 million to $220 million, and free cash flow projected at $60 million to $90 million. The company aims for 2025 to be the trough year for free cash flow.
  • Tarrif Impact: Current and proposed tariffs modeled to have a modest impact of about $5 million on overall financials, manageable within existing guidance.
  • Investment Priorities: Focus on liquidity, strategic technology investments (5G and Galileo), maintaining appropriate leverage, and returning capital to shareholders, with $12.1 million remaining on a $50 million repurchase authorization.
  • 5G Progress: 5G infrastructure ready, with the chip fabrication process underway, aiming for a launch in Q4 2025. Over 300 aircraft pre-provisioned for 5G service.
  • Competitive Landscape: Gogo maintains optimism in market performance despite competition. The focus remains on leveraging new technologies like HDX and FDX to enhance service capabilities and customer satisfaction.

Conclusion:

Gogo’s Q1 results demonstrate strong operational and financial momentum and highlight the company’s targeted growth in high-margin service areas. Investors should note the significant advancements in product offerings, strategic partnerships, and the effective realization of merger synergies aimed at providing long-term value. Looking ahead, Gogo’s diversified customer base and increasingly strong position in market segments such as military and business aviation present promising opportunities for growth in the coming years.

Gogo. Earnings History

Earnings Calendar

FAQ

When is the earnings report for GOGO?
Gogo Inc. (GOGO) has scheduled its earnings report for Aug 06, 2025 before the markets open.

What is the GOGO price-to-earnings (P/E) ratio?
GOGO P/E ratio as of May 23, 2025 (TTM) is -305.40.

What is the GOGO EPS forecast?
The forecasted EPS (Earnings Per Share) for Gogo Inc. (GOGO) for the first fiscal quarter 2025 is $0.120.

What are Gogo Inc.'s retained earnings?
On its balance sheet, Gogo Inc. reported retained earnings of $230.31 million for the latest quarter ending Mar 31, 2025.

What Is an Earnings Report?
An earnings report is usually issued quarterly (Q1, Q2, Q3 & Q4) by public companies to report their performance. Earnings reports typically include net income, earnings per share, earnings from continuing operations, and net sales. Looking at the earnings report investors can start gauge the financial health of the company and make even better decisions whether to buy, sell, or stay in the company. Fundamental analysts and value investors will typically hunt for stocks that continue to show good financial ratios and use a decline as an exit point. One of the most anticipated numbers for analysis is earnings per share because it indicates how much the company earned for its shareholders. The report will also indicate a possible dividend.

Earnings Report Content
Earnings reports generally provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. These figures are typically measured against previous quarters/years. Furthermore, the earnings report usually includes a summary and analysis from the CEO or company spokesman, alongside a more general view of the financials and future forecast.

What To Know About Earnings Reports?
Announcement of earnings for a stock, particularly for well followed large-capitalization stocks, can move the market. Stock prices can fluctuate wildly on days when the quarterly earnings report is released. Despite good reports, stocks may very well fall if the investors were expecting more or they believe the next quarter will not be as good. Investors always try to be ahead of the market and future earnings/losses are often discounted into the current price of the stock. It is natural for stocks to start to move in either direction a few days before the release of an earnings report.
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ABOUT GOGO INC.
Gogo.
Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. It operates through Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW), and Business Aviation (BA) segments. The company design, build and operate air-to-ground networks, engineer and maintain in-flight systems of proprietary hardware and software, and deliver customiza...
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