Gogo Inc Stock Price, News & Analysis

Gogo (NASDAQ: GOGO), the leading provider of broadband connectivity services for business aviation, military, and government markets, has scheduled its second quarter 2025 financial results announcement for August 7, 2025, before market opening.

The company will host a conference call with financial analysts at 8:30 a.m. ET on the same day. Investors can access the webcast and replay through the company's investor relations website at ir.gogoair.com.

Gogo Inc. (NASDAQ: GOGO) has appointed retired four-star General Mike Minihan to its Board of Directors, effective July 2, 2025, expanding the board from eight to nine members. This strategic appointment follows Gogo's acquisition of Satcom Direct and its entry into the military and government market.

General Minihan brings extensive experience from his 34-year military career, including his role as Commander of Air Mobility Command, where he led over 110,000 Airmen and managed a fleet of 1,100 aircraft. His expertise in global air operations and connectivity strategy, demonstrated through initiatives like the Air Mobility Command's '25 in 25' satcom program, will be crucial for Gogo's expansion in the military and government segment.

Gogo (NASDAQ: GOGO) has received FAA Supplemental Type Certification (STC) for its Gogo C1 line replaceable unit (LRU) across 42 aircraft models. The certification covers 70% of North American Gogo legacy air-to-ground (ATG) customer aircraft and ensures compatibility with Gogo's upcoming LTE network upgrade launching in May 2026.

The C1 LRU enables seamless transition from legacy ATG systems to the upgraded 850MHz Licensed LTE network, featuring dual-technology capability for automatic network switching. Gogo is offering a $35,000 installation incentive for completions before December 31, 2025, along with additional promotions for transitioning to Gogo AVANCE products.

Gogo (NASDAQ: GOGO) has achieved a significant milestone in its 5G rollout with the successful completion of the first end-to-end call using its next-generation technology on June 16, 2025. The breakthrough was made possible by GCT Semiconductor's delivery of a thumbnail-sized 5G chipset to Airspan in May. The company's 5G infrastructure includes 170 towers covering the U.S. and parts of Canada, a new 5G core at its data center, and the AVANCE LX5 Line Replaceable Unit (LRU) which has received FAA approval. The 5G system promises enhanced connectivity for business aviation users, offering improved video conferencing and streaming capabilities. With over 300 aircraft pre-provisioned for 5G connectivity, Gogo aims to deliver the service by year-end, with installation times ranging from two weeks for new systems to shorter periods for aircraft with existing AVANCE LX5 LRUs.

Gogo Inc. (NASDAQ: GOGO) reported strong Q1 2025 financial results, with total revenue reaching $230.3 million, up 121% year-over-year. Service revenue increased 143% to $198.6 million, while equipment revenue grew 40% to $31.7 million. The company posted a net income of $12.0 million and Adjusted EBITDA of $62.1 million. These results include the impact of Satcom Direct acquisition, which closed in December 2024. Notable operational highlights include PMA approval for FDX (Gogo Galileo's larger LEO antenna) and 59 HDX shipments year-to-date. Total ATG AVANCE aircraft online grew to 4,716, up 15% YoY. The company reiterated its 2025 guidance, projecting revenue between $870-910 million, Adjusted EBITDA of $200-220 million, and Free Cash Flow of $60-90 million, accounting for current global tariff impacts.

Gogo (NASDAQ: GOGO) has received Parts Manufacturer Approval (PMA) from the FAA for its Gogo Galileo FDX antenna, marking a significant milestone in its rollout of advanced connectivity solutions. The FDX Electronically Steered Antenna (ESA) is designed for super-midsize and larger aircraft, offering high-speed broadband with speeds up to 195Mbps download and 32Mbps upload.

The antenna integrates with Gogo's AVANCE system and utilizes Eutelsat OneWeb's LEO satellite constellation. The system features simple installation, minimal downtime, and is optimized for multiple passengers using multiple devices simultaneously. Commercial service is expected to launch in late 2025.

Gogo has successfully completed flight testing of its Plane Simple Electronically Steered Antenna (ESA), demonstrating exceptional performance across five sorties and ten hours of flight. Working with MAG Aerospace, the tests validated gate-to-gate operations through various maneuvers including taxi, take-off, landing, and challenging flight patterns with bank movements up to 30 degrees.

The full-duplex ESA, developed with Gilat Satellite Networks, maintained stable connections supporting multiple devices simultaneously. Tests confirmed streaming capabilities for Netflix, YouTube 8K, Teams video conferencing, WhatsApp calls, email, and VPN access. The system was mounted using MAG Aerospace's Universal Adapter Plate on a Cessna Caravan.

The antenna, compatible with different radome types, is designed for platforms ranging from single-engine turboprops to executive airliners. Pre-production hardware manufacturing has begun, with production hardware delivery expected later in 2025 to support customer STCs.

Gogo Inc. (NASDAQ: GOGO), the leading global provider of broadband connectivity services for business aviation, military, and government markets, has scheduled the release of its first quarter 2025 financial results before market opening on May 9th, 2025.

The company will host a conference call with financial analysts at 8:30 a.m. (EST) on the same day. Investors and interested parties can access the live webcast through the Investor Relations section of Gogo's website at ir.gogoair.com.

FranklinCovey (NYSE: FC) has announced a significant leadership transition, with Stephen D. Young retiring as Chief Financial Officer after 23 years of service. Jessica G. Betjemann will assume the CFO role effective May 1, 2025.

Betjemann brings 30 years of experience to FC, most recently serving as EVP and CFO of Gogo Inc. At Gogo, she played key roles in the acquisition of Satcom Direct in 2024 and the sale of Gogo's Commercial Aviation division to Intelsat in 2020. Her previous experience includes senior positions at Nokia, Alcatel-Lucent, Lucent Technologies, and AT&T.

Young, who extended his service three years beyond his planned retirement date at the Board's request, will continue providing consulting services as a senior advisor during the transition period.