Gogo reiterates its 2026 financial guidance, projecting total revenue in the range of $905M to $945M and Adjusted EBITDA between $198 million and $218 million for the year.
Bullish
Gogo saw equipment revenue increase 22% on record ATG unit sales, net income reached $13.1M, and the company completed 35 Gogo Galileo STCs covering 7,000 aircraft.
Bearish
Gogo experienced a 2% total revenue decrease year-over-year, with net cash used in operating activities at -$7.2M, alongside a 42% decline in Gogo Galileo equipment units shipped.