Overview

* Gogo Q2 2025 revenue up 121% yr/yr, beating analyst expectations

* Net income rises to $12.8 mln, reflecting improved profitability

* Adjusted EBITDA grows 103% yr/yr, indicating strong operational performance

Outlook

* Gogo ( GOGO ) increases 2025 revenue guidance to $910 mln

* Company expects 2025 Adjusted EBITDA at $220 mln

* Gogo ( GOGO ) sees 2025 Free Cash Flow at $90 mln

Result Drivers

* SATCOM DIRECT ACQUISITION - Contributed $122.8 mln to Q2 revenue, boosting overall growth

* SERVICE REVENUE GROWTH - Increased 137% yr/yr, driven by demand for broadband connectivity

* AVANCE ADOPTION - 14% increase in AVANCE ATG aircraft online, indicating growing market penetration

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $226 mln $220.10

Revenue mln (4

Analysts

)

Q2 EPS $0.09

Q2 Net $12.80

Income mln

Q2 $61.70

Adjusted mln

EBITDA

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the wireless telecommunications services peer group is "buy"

* Wall Street's median 12-month price target for Gogo Inc ( GOGO ) is $16.50, about 7.2% above its August 6 closing price of $15.31

* The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release:

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)