Gogo Announces Third Quarter Results
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Gogo Inc. reported a 3% year-over-year increase in total revenue for Q3 2024, reaching $100.5 million. The company also achieved a net income of $10.6 million and an adjusted EBITDA of $34.8 million. Gogo updated its 2024 guidance and announced strategic wins with Textron Aviation and Wheels Up.
November 05, 2024 | 12:30 pm
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Gogo Inc. reported a 3% increase in Q3 revenue and net income of $10.6 million. The company also announced strategic partnerships with Textron Aviation and Wheels Up, which could positively impact future growth.
The 3% increase in revenue and net income of $10.6 million indicate financial stability and growth. Strategic partnerships with Textron Aviation and Wheels Up suggest potential for future revenue increases, positively impacting Gogo's stock price.
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