Edition:
United States

Gogo Inc (GOGO.OQ)

GOGO.OQ on NASDAQ Stock Exchange Global Select Market

3.85USD
23 Jan 2019
Change (% chg)

-- (--)
Prev Close
$3.85
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
525,368
52-wk High
$10.84
52-wk Low
$2.64

Latest Key Developments (Source: Significant Developments)

Gogo Inc Announces $200 Million Convertible Senior Notes Offering
Thursday, 15 Nov 2018 04:40pm EST 

Nov 15 (Reuters) - Gogo Inc ::GOGO INC. ANNOUNCES $200 MILLION CONVERTIBLE SENIOR NOTES OFFERING.GOGO INC - INTENDS TO OFFER $200 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2022.GOGO - INTENDS TO USE PROCEEDS FROM OFFERING TO REPURCHASE ABOUT $200 MILLION OF ITS CURRENTLY OUTSTANDING 3.75% CONVERTIBLE SENIOR NOTES DUE 2020.GOGO - TO USE PORTION OF PROCEEDS FROM SALE TO REPURCHASE $200 MILLION OF OUTSTANDING 3.75% CONVERTIBLE SENIOR NOTES DUE 2020.  Full Article

Gogo Qtrly Loss Per Share $0.47
Tuesday, 6 Nov 2018 07:30am EST 

Nov 6 (Reuters) - Gogo Inc ::GOGO ANNOUNCES THIRD QUARTER 2018 FINANCIAL RESULTS.Q3 REVENUE $217.3 MILLION VERSUS I/B/E/S VIEW $210.8 MILLION.SEES FY TOTAL REVENUE OF $865 MILLION TO $935 MILLION.SEES FY ADJUSTED EBITDA OF $45 MILLION TO $60 MILLION.SEES FY CONSOLIDATED CAPEX OF $150 MILLION TO $170 MILLION AND CASH CAPEX OF $110 MILLION TO $130 MILLION.SEES A 450 TO 500 INCREASE IN 2KU AIRCRAFT ONLINE FOR FY.QTRLY LOSS PER SHARE $0.47.Q3 EARNINGS PER SHARE VIEW $-0.72 -- THOMSON REUTERS I/B/E/S.  Full Article

Gogo Appoints Oakleigh Thorne As President And Chief Executive Officer
Monday, 5 Mar 2018 04:30pm EST 

March 5 (Reuters) - Gogo Inc ::GOGO APPOINTS OAKLEIGH THORNE AS PRESIDENT AND CHIEF EXECUTIVE OFFICER.GOGO INC - THORNE REPLACES MICHAEL J. SMALL AS CEO.  Full Article

Gogo Says On Target To Reach Positive Free Cash Flow In 2019 And FY 2020
Tuesday, 27 Feb 2018 06:21am EST 

Feb 27 (Reuters) - Gogo Inc ::GOGO INC SAYS ON TARGET TO REACH POSITIVE FREE CASH FLOW IN 2019 AND FY 2020 - SEC FILING.  Full Article

Gogo Inc Qtrly ‍Net Loss Attributable To Common Stock Per Share $0.52​
Thursday, 22 Feb 2018 07:00am EST 

Feb 22 (Reuters) - Gogo Inc ::GOGO ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2017 FINANCIAL RESULTS.Q4 REVENUE ROSE 18 PERCENT TO $188 MILLION.SEES FY 2018 REVENUE $865 MILLION TO $935 MILLION.‍ FOR YEAR ENDED DECEMBER 31, 2017, CO RECORDED APPROXIMATELY $3.0 MILLION OF INCOME TAX BENEFITS DUE TO TAX CUTS AND JOBS ACT ("TCJA")​.‍ FOR FULL YEAR ENDING DECEMBER 31, 2018, COMPANY EXPECTS ADJUSTED EBITDA OF $75 MILLION TO $100 MILLION​.‍ FOR FY ENDING DECEMBER 31, 2018, COMPANY EXPECTS GROSS CAPITAL EXPENDITURES OF $150 MILLION TO $170 MILLION AND CASH CAPEX OF $110 MILLION TO $130 MILLION​.‍FREE CASH FLOW IS EXPECTED TO IMPROVE FROM 2017 TO 2018 DRIVEN BY ADJUSTED EBITDA GROWTH AND LOWER CASH CAPEX​.‍REAFFIRMS ITS TARGET OF BECOMING FREE CASH FLOW POSITIVE IN 2019 AND FOR FULL YEAR 2020​.QTRLY ‍NET LOSS ATTRIBUTABLE TO COMMON STOCK PER SHARE $0.52​.Q4 EARNINGS PER SHARE VIEW $-0.48, REVENUE VIEW $181.4 MILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $768.2 MILLION -- THOMSON REUTERS I/B/E/S.  Full Article

Senator Investment Reports 5.7 Pct Passive Stake In Gogo Inc
Thursday, 14 Dec 2017 05:02pm EST 

Dec 14 (Reuters) - Gogo Inc ::SENATOR INVESTMENT GROUP LP REPORTS 5.7 PERCENT PASSIVE STAKE IN GOGO INC AS OF DEC. 4 - SEC FILING.  Full Article

Gogo Q3 revenue $173 mln
Thursday, 2 Nov 2017 07:00am EDT 

Nov 2 (Reuters) - Gogo Inc ::Gogo announces third quarter 2017 financial results.Q3 revenue $173 million versus I/B/E/S view $172.9 million.Sees FY 2017 revenue $670 million to $695 million.Gogo Inc - for FY17 ‍gross capital expenditures are expected to be $290 million to $330 million​.Gogo - qtrly net loss attributable to common stock per share $0.57​.  Full Article

Latam Airlines Brazil selects Gogo to introduce inflight connectivity
Tuesday, 24 Oct 2017 08:00am EDT 

Oct 24 (Reuters) - Gogo Inc : Been selected by Latam Airlines Brazil to introduce inflight connectivity using Gogo's 2KU technology to 100 of its A320 aircraft​.‍Gogo's inflight connectivity service will begin in first half of 2018​.  Full Article

Gogo announces pricing of $100 mln senior secured notes offering
Wednesday, 20 Sep 2017 05:42pm EDT 

Sept 20 (Reuters) - Gogo Inc :Gogo Inc announces pricing of $100 million senior secured notes offering.Gogo Inc - Pricing of previously announced private offering of $100 million aggregate principal amount of additional 12.5% senior secured notes due 2022​.Gogo - Additional notes will be issued price equal to 113% of face value plus accrued interest from July 1 to closing date​.  Full Article

Gogo Inc announces launch of $100 mln senior secured notes offering
Wednesday, 20 Sep 2017 07:35am EDT 

Sept 20 (Reuters) - Gogo Inc :Gogo Inc announces launch of $100 million senior secured notes offering.Gogo Inc - ‍announced commencement of a private offering of $100 million aggregate principal amount of additional 12.500% senior secured notes due 2022​.Gogo Inc - intends to use net proceeds from sale of additional notes to accelerate commercial rollout of Gogo's next-generation global satellite solution, 2Ku.Gogo Inc - ‍ additional notes and previously issued notes will be treated as same series for all purposes under indenture and collateral agreements​.  Full Article