Gogo Inc GOGO

$2.11 -0.06 (-2.76%)

Valuation

Market cap
294,052,000
Revenue TTM
$910,490,000
Net income TTM
$12,920,000
PE ratio
11.32
Forward PE
71.67
Profit margin
1.42%
Debt to equity
6.77

Trading

Volume
819,000
Avg volume
1,817,050
Day's range
$2.10 – $2.19
Shares out
135,508,000
Stochastic %K
8%
Beta
1.22
Analysts
Hold
Price target
$8.50

Price

Company profile

Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. The company offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations func...

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Gogo Inc., together with its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. The company's product platform includes networks, antennas, and airborne equipment and software. The company offers in-flight systems; in-flight services; aviation partner support; and engineering, design, and development services, as well as production operations functions. It offers voice and data, in-flight entertainment, and other services. In addition, the company's infrastructure includes networks, towers, cyber security software and data centers to support in-flight connectivity services, as well as in the provision of telecommunications services. The company sells its products primarily to aircraft operators and original equipment manufacturers of business aviation aircraft through a distribution network of independent dealers. Gogo Inc. was founded in 1991 and is headquartered in Broomfield, Colorado.

Industry
Telecom Services
Sector
Communication Services
Phone
303 301 3271
Website
https://www.gogoair.com
Address
105 Edgeview Drive, Suite 300, Broomfield, United States

Latest news

Stocktwits

ChromeOnTheWheels Oct 2, 8:08 PM
$GOGO Gogo has a habit of making a 24-32% rise in the month leading up to earnings, at least going off of the previous 4 quarters. Let’s see if history repeats here.
0 replies
spearnreel Oct 2, 12:37 AM
$GOGO Well observed hammer on the day. I think the 13+ mil shares needing unwound will be buying back sooner than ever anticipated after today’s good news re court ruling. Let’s let them sleep on it tonight and see if any wake up with a bit of sense and decide to exit sell side starting tomorrow. A close anywhere north of $2.30 gives us a green close on the week. Only 6-7% from here and quite reasonable considering the damages and dark cloud this overturned judgement has brought about here and was what many short shares were betting on. Always to keep in mind…shorts win innings, longs win games.
0 replies
spearnreel Oct 1, 7:10 PM
$GOGO Shot across the bow today’s verdict update. 13+ million complacent shares needing addressed. Let’s see a closing candle here.
0 replies
ChromeOnTheWheels Oct 1, 5:13 PM
$GOGO A major headwind got removed today. If we see an announced military contract for UAV connectivity then I expect a violent move upwards. Part of me has a conspiracy theory that Elon Musk (or a proxy) is shorting down here to remove a competitor since I can’t imagine who would actually be selling at this dirt cheap valuation.
2 replies
spearnreel Oct 1, 5:04 PM
$GOGO Heavy bags got even heavier on today’s news. Had standing bids in place irrespective of today’s PR (direct link attached). If I were Skyworks right now, I’d be thinking of a strategic exit to take in dropping the frivolous lawsuit while avoiding counter suit for damages. Not sure this is even an option at this point after ruling overturned and labeled as “Numerical mumbo jumbo” by Honorable Judge Wolson. Gogo maintains responsibility to shareholder interest and this now overturned lawsuit has brought forth considerable damage to and delay to Gogo operations and share price/ shareholders. Pendulum back in Gogo’s favor and will be interesting and less of a concern how Skyworks decides to move from here. https://ir.gogoair.com/news-releases/news-release-details/gogo-responds-courts-post-trial-ruling-smartsky-litigation
1 replies
MalekJ Oct 1, 5:01 PM
$GOGO I don’t see a BO happening any time soon for GOGO, these type of transactions take time, balance sheet and litigations need to be cleaned up before such a thing. However, these prices do provide a great entry. If the $2.07 rang needs to hold, we should see some movement upwards soon this month. A PR regarding a new contract would be helpful as market conditions are not the greatest.
0 replies
ChromeOnTheWheels Oct 1, 3:00 PM
$GOGO
1 replies
brianmilwaukee Sep 30, 9:12 PM
$GOGO Judge threw out damages in the patent case today but left in place infringement. Seems a positive to me. We shall see.
0 replies