Gogo. Stock Earnings Reports
Gogo. Earnings Calls
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% |
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% |
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% |
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.
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% |
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% |
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% |
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.