In-flight entertainment firm Gogo beats Q2 revenue estimates; raises 2025 guidance

Gogo

07/08/2025 12:12

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 increases 2025 revenue guidance to $910 mln

Company expects 2025 Adjusted EBITDA at $220 mln

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/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$226 mln
$220.10 mln (4 Analysts)
Q2 EPS
$0.09
Q2 Net Income
$12.80 mln
Q2 Adjusted EBITDA
$61.70 mln


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 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: ID:nGNX89M9Zl

(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.)