Actionable news
All posts from Actionable news
Actionable news in GOGO: Gogo Inc.,

What's in Store for Gogo Inc. (GOGO) this Earnings Season?

Gogo Inc. GOGO, the leading in-flight connectivity provider, is slated to release first-quarter 2016 results on May 6. Last quarter, Gogo delivered a negative earnings surprise of 7.50%. However, the company has posted an average positive earnings surprise of 3.33% over the past four quarters. Let’s see how things are shaping up for this announcement.

Factors to Consider

Gogo boasts a dominant position among in-flight Wi-Fi service providers especially in its North America Commercial Aviation business. Also, Gogo’s onboard Internet connectivity services coupled with its innovative value-added services are likely to drive the top line going ahead.

The company’s 2Ku service is gaining traction and can become a key growth driver going ahead. 2Ku is Gogo’s next generation satellite technology, which can offer peak speeds of over 70 Mbps to the aircraft, nearly 20 times the bandwidth provided by its first generation Air to Ground solution in the U.S. With ATG getting highly congested, Gogo is trying to divert traffic...