secwatch.observer — SEC 8-K summary
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Issuer:     Gogo Inc. (GOGO)
CIK:        0001537054
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0000950170-23-039032
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gogo Q2 revenue $103.2M (+6% YoY); cuts FY revenue guidance to $410-420M
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- Revenue $103.2M (+6% YoY); record service revenue $79.1M (+8%).
- Net income $89.8M includes $63.8M tax benefit; diluted EPS $0.67 ($0.48 from tax).
- Adj EBITDA $44.1M (+7%); FY 2023 guidance unchanged at $150-160M.
- FY revenue guidance cut to $410-420M from $440-455M; FCF guidance cut to $60-70M.
- Long-term FCF target lowered to $150-200M in 2025 from >$200M; revenue CAGR now 15-17%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1537054/000095017023039032/0000950170-23-039032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1537054/000095017023039032/gogo-20230807.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-039032

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer