Gogo Inc. Earnings Show Significant Losses Despite Revenue Growth

Gogo Inc. reports a significant net loss of $28.21 million for Q4, a stark contrast to last year's earnings. Revenue, however, increased to $137.80 million. Investors should evaluate these mixed signals before making decisions.

Date: 14-03-2025

AI Rating: 4

Gogo Inc. Performance Overview: The report reveals critical information regarding Gogo Inc. (GOGO) for the fourth quarter. Despite a substantial increase in revenue, the company reported a significant net loss, which is concerning for investors.

Earnings Per Share (EPS): Gogo Inc. reported an EPS of -$0.22 for the fourth quarter, a change from positive EPS of $0.11 in the same period last year, which indicates a deterioration in profitability as expenses rose. This disappointing result was also below analysts' expectations of $0.09 per share.

Revenue Growth: On a more positive note, Gogo Inc. experienced revenue growth, with Q4 revenue standing at $137.80 million, compared to $97.81 million in the same period last year. This 40.83% increase reflects the company's ability to generate higher sales, which could signal potential for future profitability if expenses are controlled.

Net Income: Gogo Inc. reported a net loss of -$28.21 million, significantly worse than the prior year's earnings of $14.47 million. This drastic decline in net income could alarm investors concerned about the company's financial health and sustainability.

Stocks: GOGO