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Gogo reports 6% revenue jump in Q2, but lowers guidance

Aircraft suspensions hurt IFC provider’s 2023 outlook

Madeline DurrettbyMadeline Durrett
August 7, 2023
in News, Strategy and Markets
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Inflight connectivity provider Gogo today announced second-quarter revenues of $103.2 million, up 6% year over year and up 11.2% from the first quarter. WHY IT MATTERS: While Gogo (NASDAQ: GOGO) reported strong earnings for Q2, the company lowered its full-year guidance to $410 million to $420 from $440 million to $455 million forecast in Q1. […]

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