Gogo (GOGO) Tops Q1 EPS by 11c; Outlook Reaffirmed

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Go back to Gogo (GOGO) Tops Q1 EPS by 11c; Outlook Reaffirmed

Gogo Announces First Quarter 2016 Financial Results

May 6, 2016 7:00 AM EDT

CHICAGO, May 6, 2016 /PRNewswire/ -- Gogo Inc. (Nasdaq: GOGO), the global leader in providing broadband connectivity solutions and wireless entertainment to the aviation industry, today announced its financial results for the quarter ended March 31, 2016.

First Quarter 2016 Consolidated Financial Results

Revenue increased to $141.7 million, up 23% from $115.5 million in Q1 2015. Service revenue increased to $118.7 million, up 24% from $95.4 million in Q1 2015. Combined segment profit of CA-NA and BA increased to $34.0 million, up 29% from $26.4 million in Q1 2015.... More

Gogo Partners with IAG for In-flight Connectivity

May 5, 2016 3:00 PM EDT

CHICAGO, May 5, 2016 /PRNewswire/ -- Gogo (NASDAQ: GOGO), the global leader in providing broadband connectivity solutions and wireless entertainment to the aviation industry, announced today that it will partner with International Airlines Group (IAG) to bring Gogo's 2Ku technology to 118 British Airways, four Aer Lingus Boeing 757 and up to 15 Iberia long-haul aircraft. 

IAG is one of the largest airline groups in the world and is the first European airline group to commit to Gogo's 2Ku technology.  The fleet of Gogo-installed... More