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Stock impact report

Gogo Inc (GOGO) Q3 2024 Earnings Call Highlights: Strategic Moves and Revenue Growth Amidst ... [Yahoo! Finance]

Gogo Inc. (GOGO) 
Last gogo inc. earnings: 3/13 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.gogoair.com/investor-overview
Company Research Source: Yahoo! Finance
Equipment Revenue: $18.7 million, with 214 advanced shipments, up 11% year over year. ATG Aircraft Online: 7,016, a 2% decrease year over year. Advanced Aircraft Online: 4,379, an increase of 16% year over year. ATG ARPU: $3,497, a 4% year over year increase. Service Margin: 77% in the third quarter. Equipment Margin: 19% in the third quarter. Adjusted EBITDA: $34.8 million, a 19% decrease year over year. Net Income: $10.6 million, decreased $10.3 million year over year. Free Cash Flow: $24.6 million, up $3.6 million year over year. Cash and Short-term Investments: $176.7 million at the end of the quarter. Outstanding Principal on Term Loan: $601 million. Net Leverage Ratio: 3.0 times. 2024 Revenue Guidance: $400 to $410 million. 2024 Adjusted EBITDA Guidance: $120 to $130 million. 2024 Free Cash Flow Guidance: $55 to $65 million. Warning! GuruFocus has detected 3 Warning Signs with GOGO. Release Date: November 05, 2024 For the complete transcript of Show less Read more
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