Gogo IncGOGO
GOGO
About: Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. Its business segment includes Business Aviation. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services. and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped.
Employees: 457
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
280% more call options, than puts
Call options by funds: $20.2M | Put options by funds: $5.32M
61% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 23
40% more funds holding in top 10
Funds holding in top 10: 5 [Q3] → 7 (+2) [Q4]
23% more capital invested
Capital invested by funds: $663M [Q3] → $812M (+$150M) [Q4]
7.14% more ownership
Funds ownership: 72.41% [Q3] → 79.54% (+7.14%) [Q4]
6% more funds holding
Funds holding: 180 [Q3] → 191 (+11) [Q4]
7% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 67
Research analyst outlook
We haven’t received any recent analyst ratings for GOGO.
Financial journalist opinion
Based on 3 articles about GOGO published over the past 30 days
Neutral
GlobeNewsWire
1 day ago
Gogo is unveiled as new brand for the unified Gogo Business Aviation and Satcom Direct companies
BROOMFIELD, Colo., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Following the acquisition of Satcom Direct by Gogo Business Aviation (NASDAQ: GOGO), the unified company's CEO, Chris Moore, today announces that Gogo is the new brand identity for the connectivity giant. The newly crafted Gogo identity and logo capitalize on the strong brand heritage of both companies while simultaneously reflecting the expanded business.
Neutral
GlobeNewsWire
3 days ago
Gogo|Satcom Direct renews three-year preferred supplier agreement with Luxaviation Group for global connectivity solutions
FARNBOROUGH, United Kingdom, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Gogo Business Aviation (NASDAQ: GOGO) | Satcom Direct has signed a second three-year preferred supplier agreement with Luxaviation Group, continuing the close relationship first forged between the business aviation operator and Satcom Direct in 2021 . The new deal provides even greater flexibility and resilience for Luxaviation, as it includes access to Gogo Galileo phased array antennas and its North American Air-to-Ground connectivity network, following the recent transaction combining the two connectivity providers.
Neutral
GlobeNewsWire
2 weeks ago
Gogo|Satcom Direct and Airbus to develop end-to-end cabin connectivity experiences for operators of Airbus Corporate Jets (“ACJ”)
Gogo Business Aviation (NASDAQ: GOGO) |Satcom Direct today announced the finalizing of a multifaceted Memorandum of Understanding (MoU) with Airbus. Gogo Business Aviation (NASDAQ: GOGO) |Satcom Direct today announced the finalizing of a multifaceted Memorandum of Understanding (MoU) with Airbus.
Neutral
PRNewsWire
2 months ago
Gogo Completes Acquisition of Satcom Direct and Announces Leadership Transition
Expanded Platform Accelerates Gogo's LEO Strategy; Achieves $18m Run-rate Savings on Day 1 Chris Moore Appointed Chief Executive Officer, Succeeding Oakleigh Thorne who Transitions to Executive Chair BROOMFIELD, Colo. , Dec. 4, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company") today announced the completion of its acquisition of Satcom Direct ("SD"), creating the only multi-orbit, multi-band, in-flight connectivity provider serving the needs of every segment of the global business aviation ("BA") and military/government mobility markets.
Positive
Seeking Alpha
3 months ago
Gogo: Quite Undervalued Despite Gogo 5G Introduction
Gogo Inc. is launching Gogo 5G in Q4 2024, which is expected to drive significant revenue and EPS growth in 2025 and 2026. Recent acquisitions and reduced debt levels may enhance future free cash flow and enable further inorganic growth opportunities. Strong partnerships with OEMs and distributors could facilitate expansion into new markets, boosting overall business growth.
Neutral
Seeking Alpha
3 months ago
Gogo Inc. (GOGO) Q3 2024 Earnings Call Transcript
Gogo Inc. (NASDAQ:GOGO ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Will Davis - Vice President of Investor Relations Oakleigh Thorne - Chairman & Chief Executive Officer Jessica Betjemann - Executive Vice President & Chief Financial Officer Conference Call Participants Sebastiano Petti - JPMorgan Ric Prentiss - Raymond James Scott Searle - ROTH Capital Partners Operator Good day and thank you for standing by. Welcome to the Third Quarter 2024 Gogo Inc. Earnings Conference Call.
Positive
Zacks Investment Research
3 months ago
Gogo (GOGO) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Gogo (GOGO) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
3 months ago
Gogo (GOGO) Q3 Earnings and Revenues Beat Estimates
Gogo (GOGO) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.16 per share a year ago.
Neutral
PRNewsWire
3 months ago
Gogo Announces Third Quarter Results
Total Revenue of $100.5 million, up 3% Year-over-Year; Third Quarter Service Revenue of $81.9 million, up 3% Year-over-Year Q3 Net Income of $10.6 million; Adjusted EBITDA (1) of $34.8 million Updates 2024 Guidance Recent Strategic Galileo HDX wins with Textron Aviation and Wheels Up BROOMFIELD, Colo. , Nov. 5, 2024 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), a leading global provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended September 30, 2024.
Neutral
PRNewsWire
3 months ago
Gogo Galileo HDX Antenna Passes FAA-Mandated DO-160 Qualification Testing
BROOMFIELD, Colo. , Nov. 4, 2024 /PRNewswire/ -- Gogo Business Aviation (NASDAQ: GOGO) announced today that its Gogo Galileo HDX electronically steerable antenna (ESA), designed to provide access to Low Earth Orbit (LEO) satellite networks for all sizes of business aircraft, has passed FAA-mandated DO-160 qualification testing.
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