earnings
confidence high
sentiment positive
materiality 0.80
Gogo Q4 revenue up 41% to $137.8M; net loss $28.2M on Satcom Direct acquisition costs
Gogo Inc.
- Total revenue $137.8M (+41% YoY); service revenue $118.8M (+47% YoY).
- Net loss $28.2M vs net income $14.5M in Q4 2023; includes $46.8M pre-tax acquisition expenses.
- Adjusted EBITDA $34.0M; Satcom Direct acquisition closed Dec 3, 2024, contributed $40.2M.
- FAA PMA granted for Galileo HDX LEO antenna; shipments expected in Q1 2025.
- 2025 guidance: revenue $870-910M, Adj. EBITDA $200-220M, FCF $60-90M.