Brief: Gogo - Updates 2023 Financial Guidance And Reiterates Long-Term Targets

Gogo

07/11/2023 12:20

Nov 7 (Reuters) - Gogo Inc  GOGO.O :
    * UPDATES 2023 FINANCIAL GUIDANCE AND REITERATES LONG-TERM
TARGETS
    * SEES FY TOTAL REVENUE IN RANGE OF $390 MILLION TO $400
MILLION
    * SEES FY ADJUSTED EBITDA AT HIGH END OF PREVIOUSLY GUIDED
RANGE
OF $150 MILLION TO $160 MILLION
    * MAINTAINS LONG-TERM TARGETS OF ABOUT 15-17% REVENUE GROWTH
FROM
2022-2027 AND $150 MILLION TO $200 MILLION OF FREE CASH FLOW IN
2025
    * FY2023 REVENUE VIEW $412.6 MILLION -- LSEG IBES DATA

Source text for Eikon:  ID:nPn8xLtlFa 
Further company coverage:  GOGO.O 

 ((Reuters.Briefs@thomsonreuters.com;))