Gogo Inc Stock Price, News & Analysis

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.

Gogo (NASDAQ: GOGO) has received FAA Supplemental Type Certificate (STC) approval for its Plane Simple® Ka-band tail mount terminal for Gulfstream GV and G550 aircraft. The certification was developed at Gulfstream's Savannah headquarters, adding to existing STCs for G650 and G650ER aircraft.

The terminal works with the SD Modem Unit and Gateway Router to provide high-speed broadband connectivity. Installation is available through authorized Gulfstream and Jet Aviation service centers. The company is working on additional STCs for G500 and G600 models, expected later this year.

The Ka-band antenna, compatible with Viasat GX satellites, is the first in business aviation designed to work with Viasat's next-generation satellites. These will enable dual polarity signals, doubling data transmission capacity for enhanced connectivity supporting video conferences and streaming.

Gogo Inc. (NASDAQ: GOGO) reported Q4 2024 financial results, including the impact of Satcom Direct acquisition closed on December 3, 2024. Total revenue reached $137.8 million, up 41% year-over-year, with service revenue of $118.8 million (up 47%) and equipment revenue of $19.0 million (up 12%).

The company posted a Q4 net loss of $28.2 million, compared to net income of $14.5 million in Q4 2023, primarily due to $46.8 million in pre-tax expenses related to the Satcom Direct acquisition. Adjusted EBITDA was $34.0 million.

Key operational metrics include 4,608 AVANCE aircraft online (up 16% YoY), record ARPU of $3,500, and 7,059 total ATG aircraft online. The company received FAA PMA authorization to ship Gogo Galileo HDX antenna starting Q1 2025.

2025 Guidance:

• Revenue: $870-910 million
• Adjusted EBITDA: $200-220 million
• Free Cash Flow: $60-90 million

Gogo (NASDAQ: GOGO) has achieved a significant milestone with the Federal Aviation Administration (FAA) granting Parts Manufacturer Approval (PMA) for its Gogo Galileo HDX antenna. This approval, administered through Delta Engineering's FAA Organization Designation Authorization, enables Gogo to commence full-scale production and sales of the HDX system.

The electronically steered antenna (ESA) is specifically designed for business aviation, offering high-speed broadband connectivity up to 60Mbps through the Eutelsat OneWeb Low Earth Orbit satellite constellation. The system supports installations across more than thirty aircraft types, from small to heavy jets, executive airliners, and turboprops.

The HDX antenna features streamlined installation capabilities and can be either equipped on new aircraft or retrofitted during cabin upgrades. This development particularly benefits smaller cabin operators who can now access the same high-speed connectivity options previously available only to larger jets.