Gogo (GOGO) Tops Q4 EPS by 3c

Gogo (NASDAQ: GOGO) reported Q4 EPS of ($0.28), $0.03 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $109.2 million versus the consensus estimate of $106.5 million.

Business Outlook

For the full year ending December 31, 2015, we are providing the following guidance:

• CA-NA revenue of $300 million to $320 million, growth of 20% - 28% from 2014
• BA revenue of $170 million to $180 million, growth of 9% - 16% from 2014
• CA-ROW revenue of $15 million to $20 million
• Adjusted EBITDA of $15 million to $25 million, growth of 39% - 131% from 2014
• Cash CAPEX of $100 million to $120 million

Gogo sees FY2015 revenue of $490-510 million, versus the consensus of $491.5 million.

For earnings history and earnings-related data on Gogo (GOGO) click here.

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