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Gogo Inc - GOGO STOCK NEWS

Welcome to our dedicated page for Gogo news (Ticker: GOGO), a resource for investors and traders seeking the latest updates and insights on Gogo stock.

Gogo Inc (NASDAQ: GOGO) provides cutting-edge inflight connectivity solutions for business aviation, combining air-to-ground and satellite technologies. This page aggregates official announcements and market-moving developments for stakeholders tracking the company's progress.

Access curated press releases covering quarterly earnings, technology partnerships, and regulatory milestones. Investors will find updates on service expansions, equipment certifications, and strategic initiatives shaping the future of airborne connectivity.

All content is sourced directly from company filings and verified industry publications. Bookmark this page for efficient tracking of GOGO's advancements in smart cabin systems, 5G integration, and aviation broadband leadership.

News

Gogo Announces Board Member Retirement

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Gogo Business Aviation (NASDAQ: GOGO) announced the retirement of Mr. Robert H. Mundheim, a member of the Board of Directors since 2012. Mundheim's significant contributions to Gogo's business success through his role on the board and committee positions were acknowledged by Oakleigh Thorne, the company's chair and CEO.
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Gogo Business Aviation's 5G Program Achieves Key Milestones

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Gogo Business Aviation (NASDAQ: GOGO) achieves a significant milestone as the AVANCE LX5 receives Supplemental Type Certification (STC) and Parts Manufacturer Approval (PMA) from the FAA. The company's 5G program gains momentum, with the LX5 designed to provide high throughput and low latency, outperforming competitive solutions. Gogo 5G is expected to launch in the third quarter of 2024, offering peak speeds of 75-80 Mbps and catering to the increasing demand for data-heavy services and applications.
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Gogo Business Aviation Releases Over-the-Air Software Updates Enhancing AVANCE with Industry-First Capability

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Gogo Business Aviation (GOGO) introduces over-the-air (OTA) software updates for Gogo AVANCE platform, allowing remote updates through Gogo DASH app, reducing downtime and improving fleet management.
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Gogo Announces Third Quarter Results

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Gogo Inc. (NASDAQ: GOGO) reported total revenue of $97.9 million for Q3 2023, down 7% from the previous year. However, service revenue reached a record $79.5 million, a 6% increase year-over-year. Net income was $20.9 million, and adjusted EBITDA was $43.2 million. The company expects significant growth starting in 2025, driven by the Gogo 5G and Gogo Galileo product launches. Long-term targets include 15-17% revenue growth from 2022-2027 and $150 million to $200 million of Free Cash Flow in 2025.
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Gogo Inc. to Report Third Quarter 2023 Financial Results on November 7, 2023

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Gogo Inc. to release third quarter 2023 financial results on November 7th
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Gogo 5G Selected by Largest Canadian Fractional Operator AirSprint

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AirSprint Private Aviation becomes Gogo's first Canadian fleet customer, committing to upgrade its aircraft to Gogo 5G and potentially Gogo Galileo HDX.
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Skyservice Business Aviation Receives Transport Canadian Certification for Gogo 5G on Bombardier Challenger 300 Series

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Skyservice Business Aviation receives STC approval for Gogo 5G system on Bombardier Challenger 300 series aircraft.
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Gogo AVANCE L5 with 5G Provisions Now Offered by Dassault Falcon Jet

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Gogo Business Aviation's AVANCE L5 system with Gogo 5G is now available to Dassault Falcon Jet Service Center customers. Over 500 Falcons are already using AVANCE L5. Upgrading now offers immediate performance boost and provision for Gogo 5G launch. Gogo is offering up to $50,000 savings for AVANCE L5 upgrades.
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Gogo Announces $50 Million Share Repurchase Program

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Gogo Inc. announces a share repurchase program of up to $50 million. The program allows the company to buy back its common stock at management's discretion. Gogo's long-term capital allocation priorities include maintaining liquidity, investing in strategic initiatives, managing debt, and returning capital to shareholders. The company has a net leverage ratio of 3.0x and a strong cash balance. The repurchase program has no time limit and does not require the company to purchase any shares.
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Gogo Announces Second Quarter Results

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Gogo Inc

Nasdaq:GOGO

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GOGO Stock Data

915.51M
66.85M
24.84%
77.22%
18.45%
Telecom Services
Communications Services, Nec
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United States
BROOMFIELD