NASDAQ$GOGO

Gogo Inc · Q4 2019 earnings

Q4 2019 earnings · · Investor relations

Briefing

Gogo's Q4 2019 earnings were announced, revealing a 2% increase in consolidated revenue and a net loss improvement.

Gogo Inc. reported a 2% increase in consolidated revenue for Q4 2019, reaching $221.3 million. The company's net loss improved to $22.4 million, and Adjusted EBITDA increased by 78% to $34.4 million. Business Aviation segment profit reached a record $41.7 million, up 17% from Q4 2018.

  • Consolidated revenue increased to $221.3 million, up 2% from Q4 2018.
  • Net loss improved to $22.4 million in Q4 2019.
  • Adjusted EBITDA increased to $34.4 million, up 78% from Q4 2018.
  • Business Aviation segment profit reached a record $41.7 million, up 17% from Q4 2018.

Headline financials

Total Revenue

$221M

Previous: $217M+1.9%
EPS (adj)

-$0.28

Previous: -$0.50+44.0%
Capital Expenditures

$34.6M

No prior period
Free Cash Flow

-$45.9M

No prior period
Net Income

-$22.4M

No prior period
Operating Income

$8.39M

No prior period
Gross Profit

$96.4M

No prior period
Cash & Equivalents

$170M

No prior period
Total Assets

$1.21B

No prior period
Stock-Based Comp

$3.8M

No prior period

Revenue & EPS history

Gogo · Revenue · Quarterly

$221M

Q4 2019+1.9%vs Q4 2018
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Gogo · $85.9M total across 1 segment · Q4 2019

  • Business Aviation
    $85.9M

Forward guidance

Given the uncertain impact that the quickly evolving COVID-19 (Coronavirus) pandemic will have on our business, Gogo is not providing 2020 financial guidance in this release.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2019

Historical avgQ4 2019

+3.0%

Avg return

Earnings day

+5.6%

Avg return

5 days after

+11.5%

Avg return

30 days after

50%

25 / 50 earnings

Positive

+45.4%

Q1 2025

Best reaction

-18.0%

Q1 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+8.4%-2.6%-12.1%
Q4 2025-3.4%+20.5%-0.9%
Q3 2025-12.8%-15.5%-19.4%
Q1 2025+45.4%+61.0%+46.8%
Q4 2024-0.1%+12.1%+3.1%
Q3 2024+22.4%+22.3%+12.7%
Q2 2024-3.7%-8.5%-0.9%
Q1 2024+3.8%+8.4%+10.4%
Q4 2023-6.7%-3.9%+0.3%
Q3 2023-3.2%-5.1%-3.8%
Q2 2023-17.1%-16.4%-20.4%
Q1 2023-4.8%-6.7%+19.5%
Q4 2022+12.0%+14.9%-2.4%
Q3 2022+0.4%+1.4%+7.3%
Q2 2022-13.1%-8.6%-23.3%
Q1 2022-4.3%-3.9%+6.1%
Q4 2021+20.0%+17.1%+39.1%
Q3 2021-6.3%-7.1%-23.4%
Q2 2021+15.5%+26.2%+30.4%
Q1 2021+13.0%+17.5%+45.0%
Q4 2020-10.7%-13.7%-14.9%
Q3 2020+5.8%+19.5%+28.8%
Q2 2020+3.5%+6.6%+191.4%
Q1 2020+25.7%+30.7%+114.3%
Q4 2019-6.7%+8.3%+8.5%
Q3 2019+3.2%+1.3%-10.2%
Q2 2019+19.9%+21.8%+23.8%
Q1 2019+5.6%+6.8%-9.5%
Q4 2018-1.6%+0.7%+9.9%
Q3 2018+19.5%+6.7%-33.0%
Q2 2018+10.4%+13.8%+11.7%
Q1 2018-18.0%-44.5%-48.0%
Q4 2017-15.5%-9.2%-15.9%
Q3 2017-11.9%-8.3%+13.1%
Q2 2017-4.3%-4.3%+9.8%
Q1 2017+7.1%+7.1%-4.2%
Q4 2016+16.2%+17.2%+19.0%
Q3 2016-1.6%+0.0%-4.9%
Q2 2016+22.1%+34.4%+46.0%
Q1 2016-5.9%
Q4 2015+1.0%
Q2 2015-8.8%
Q1 2015-4.4%
Q4 2014+2.8%
Q3 2014+9.3%
Q2 2014-9.1%
Q1 2014+7.6%
Q4 2013-8.5%
Q3 2013+32.9%
Q2 2013-1.9%
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010

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