---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017147"
form_type: "8-K"
ticker: "GOGO"
cik: "0001537054"
company_name: "Gogo Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T01:03:05.701707+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Gogo Q1 revenue up 6% to $98.6M, pays down $100M debt, reiterates 2023 guidance

## Summary
- Revenue $98.6M (+6% YoY); service revenue record $78.5M (+11%); equipment $20.1M (-9%).
- Net income $20.4M ($0.15 diluted EPS) down from $22.2M ($0.18); Adjusted EBITDA $39.7M (-7% YoY).
- Paid down $100M of Term Loan; expects ~$8.5M annualized cash interest savings.
- Reiterated 2023 guidance: revenue $440-455M, adjusted EBITDA $150-160M, free cash flow $80-90M.
- AVANCE AOL grew 28% to 3,447 units; total ATG aircraft online 7,046 (+8%); ARPU $3,389 (+2%).

## SEC filing metadata
- accession: 0000950170-23-017147
- form_type: 8-K
- ticker: GOGO
- cik: 0001537054
- company_name: Gogo Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1537054/000095017023017147/0000950170-23-017147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1537054/000095017023017147/gogo-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017147
- JSON: https://secwatch.observer/filing/0000950170-23-017147.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017147.txt

## Key facts
- Earnings Releases
  Gogo Inc. reported the quarter ended March 31, 2023 results: revenue $98.6 million, net income $20.4 million, EPS $0.15. Guidance reaffirmed.
  - Period: the quarter ended March 31, 2023
  - Revenue: $98.6 million
  - Net income: $20.4 million
  - EPS: $0.15
  - Guidance: reaffirmed
  - Result: reported results
  source text: Gogo Announces First Quarter Results and Pays Down $100 million of Debt Reiterates 2023 Guidance and Long-Term Targets First Quarter Revenue of $98.6 million, up 6% Year-over-Year; Net Income of $20.4 million; and Adjusted EBITDA (1) of $39.7 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1537054/000095017023017147/0000950170-23-017147-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.