---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-092726"
form_type: "8-K"
ticker: "GOGO"
cik: "0001537054"
company_name: "Gogo Inc."
filed_at: "2024-08-07T23:59:59+00:00"
generated_at: "2026-05-31T11:43:56.424061+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gogo Q2 revenue $102.1M (-1% YoY), record service revenue; lowers FY24 revenue guidance to $400-410M

## Summary
- Total revenue $102.1M (-1% YoY); service revenue record $81.9M (+4% YoY); equipment revenue $20.1M (-17% YoY).
- Net income $0.8M (diluted EPS $0.01) vs $89.8M in Q2 2023 (incl. $63.8M tax benefit); Adjusted EBITDA $30.4M (-31% YoY).
- Free Cash Flow $24.9M; repurchased 1.5M shares for $13M in Q2; over 3.1M shares for $28M in last three quarters.
- 2024 guidance: revenue lowered to $400-410M (from $410-425M); Adj. EBITDA maintained at high end of $110-125M; FCF raised to $35-55M (from $20-40M) incl. $40M FCC reimbursements.
- Long-term targets: 2025 FCF target ~$150M (from $150-200M); reiterate 15-17% CAGR revenue growth through 2028 and 40% Adj. EBITDA margin in 2028.

## SEC filing metadata
- accession: 0000950170-24-092726
- form_type: 8-K
- ticker: GOGO
- cik: 0001537054
- company_name: Gogo Inc.
- filed_at: 2024-08-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1537054/000095017024092726/0000950170-24-092726-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1537054/000095017024092726/gogo-20240807.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-092726
- JSON: https://secwatch.observer/filing/0000950170-24-092726.json
- Plain text: https://secwatch.observer/filing/0000950170-24-092726.txt

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