Gogo jumps on strong annual revenue forecast, Q4 revenue beat

Gogo

14/03/2025 13:07

** Shares of in-flight internet provider Gogo GOGO.O rise 5.4% to $7.24 premarket

** GOGO forecasts 2025 revenue in the range of $870 million to $910 million, higher than analysts' estimate of $447.8 million as per data compiled by LSEG

** Co posts Q4 revenue of $137.8 million, beating analysts' average estimate of $97.4 million

** Stock down 26.4% in the last 12 months

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com;))