earnings
confidence high
sentiment neutral
materiality 0.75
Gogo Q1 revenue $230.3M (+121% YoY), net income $12M vs $30.5M, guides FY2025 $870-910M
Gogo Inc.
2025-Q1 EPS reported
$0.09
revenue$230,307,000
- Total revenue of $230.3M, up 121% YoY; service revenue $198.6M (+143%).
- Net income $12.0M ($0.09 diluted EPS) vs $30.5M ($0.23) in Q1 2024; includes $9.4M amortization and $6.5M acquisition costs.
- Adjusted EBITDA $62.1M, up 43% YoY; cash and cash equivalents $70.3M.
- Received FAA PMA approval for Galileo FDX antenna on May 5; 59 HDX antennas shipped YTD.
- Reiterates FY2025 guidance: revenue $870-910M, Adj EBITDA $200-220M, Free Cash Flow $60-90M.