Gogo Inc. (GOGO)
Gogo Inc. is a provider of in-flight internet and entertainment services for commercial and business aircraft. Founded in 2005, the company specializes in delivering connectivity solutions that enable passengers to access internet, messaging, and entertainment during flights, primarily through satellite and air-to-ground technology. Gogo's services aim to enhance the passenger experience and support airline operations.
Company News
Gogo has obtained European Union Aviation Safety Agency (EASA) supplemental type certification for its Plane Simple Ka-band tail mount antenna system on Dassault Falcon 7X and 8X aircraft, enabling high-speed global connectivity for business aviation.
Three stocks with low Relative Strength Index (RSI) scores are identified as potential investment opportunities: Amentum, Gogo Inc., and DoubleVerify Inc. Despite recent stock price declines, these companies show promising fundamentals and analyst support.
U.S. stock futures declined as benchmark indices hovered around the correction zone. Experts advised investors to stay calm and stick to their long-term plans, as market pullbacks are common and a complete recovery is inevitable over time.
The headline numbers for Gogo (GOGO) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Gogo posted decent quarterly results but lowered its full-year guidance. Here's why.