UPDATE: Gogo (GOGO) Posts Q3 Loss of 37c/Share

Gogo (NASDAQ: GOGO) reported Q3 EPS of ($0.37), versus the analyst estimate of ($0.41). Revenue for the quarter came in at $126.4 million versus the consensus estimate of $124.15 million.

Business Outlook

For the full year ending December 31, 2015, we are raising our Adjusted EBITDA guidance. We now expect Adjusted EBITDA of $30 million to $35 million for the full year 2015 and maintain our prior revenue and Cash CAPEX guidance.

Accordingly, our updated full year guidance is as follows:

• Total revenue of $485 million to $505 million
  • CA-NA revenue of $300 million to $320 million
  • BA revenue of $170 million to $180 million
  • CA-ROW revenue of $10 million to $15 million
• Adjusted EBITDA of $30 million to $35 million
• Cash CAPEX of $100 million to $120 million

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

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