Lifeline (FCC program)

Gogo Announces Second Quarter Results

Retrieved on: 
Monday, August 7, 2023
AOL, Federal Communications Commission, Capital expenditure, Failure, FCC, Lifeline (FCC program), Internet, Risk, Original equipment manufacturer, COVID-19, Aviation, Secure, Form 10-K, GAAP, Attention, ID, AVANCE, Government, ARPU, Public expenditure, Federal Communications Commission Process Reform Act of 2013, Pandemic, EBITDA, Climate change, Investment, Infection, LEO, Capital, ATG, CFO, ESG, Security (finance), Annual report, Adjustment, Free cash flow, LTE, Software, Nightclub, Video game, Mobile phone, Cryptocurrency, Renewable energy, Internet service provider, Health insurance

BROOMFIELD, Colo., Aug. 7, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended June 30, 2023.

Key Points: 
  • Second Quarter Revenue of $103.2 million, up 6% Year-over-Year; Net Income of $89.8 million; and Adjusted EBITDA(1) of $44.1 million, up 7% Year-Over-Year
    BROOMFIELD, Colo., Aug. 7, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended June 30, 2023.
  • The Company's 2023 financial guidance and long-term financial targets include Gogo 5G, Gogo Galileo and the impact of the FCC Program.
  • The Company will host its second quarter conference call on August 7, 2023 at 8:30 a.m.
  • These supplemental performance measures also provide another basis for comparing period-to-period results by excluding potential differences caused by non-operational and unusual or non-recurring items.

Gogo Announces First Quarter Results and Pays Down $100 Million of Debt, Reiterates 2023 Guidance and Long-Term Targets

Retrieved on: 
Wednesday, May 3, 2023
AOL, Federal Communications Commission, Failure, FCC, Internet, Risk, Original equipment manufacturer, COVID-19, Aviation, Secure, SOFR, Form 10-K, Form 10-Q, Channel, Cash flow, GAAP, Attention, Ratio, ID, AVANCE, Government, ARPU, Public expenditure, Lifeline (FCC program), Federal Communications Commission Process Reform Act of 2013, Pandemic, EBITDA, GBB, Climate change, Investment, Infection, LEO, Go go, ATG, CFO, Growth, ESG, Security (finance), Free cash flow, Annual report, Adjustment, Software, Video game, Cryptocurrency, Mobile phone, Internet service provider, Q4

BROOMFIELD, Colo., May 3, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter ended March 31, 2023.

Key Points: 
  • Net income decreased to $20.4 million in Q1 2023 from $22.2 million in Q1 2022.
  • Q1 2023 net income is net of a $4.4 million income tax provision compared to a provision of $1.9 million in Q1 2022.
  • Cash provided by operating activities of $18.5 million in Q1 2023 increased from $17.9 million in the prior year period.
  • The Company reiterates the following guidance for 2023:
    Total revenue in the range of $440 million to $455 million.

Gogo Announces Record Fourth Quarter and 2022 Results, Provides 2023 Guidance and Updates Long-Term Targets

Retrieved on: 
Tuesday, February 28, 2023
EBITDA, Congress, Climate change, FCC, ID, Infection, ATG, ARPU, Pandemic, Internet, Public expenditure, ESG, LEO, Continuous operation, GAAP, Software, Federal Communications Commission, Investment, AOL, Aviation, Security (finance), Lifeline (FCC program), Growth, Cash flow, Attention, AVANCE, Government, Go go, Form 10-K, Failure, Original equipment manufacturer, Secure, Federal Communications Commission Process Reform Act of 2013, COVID-19, Annual report, Risk, Adjustment, Video game, Cryptocurrency, Renewable energy, Internet service provider, Bank, Q4

BROOMFIELD, Colo., Feb. 28, 2023 /PRNewswire/ -- Gogo Inc. (NASDAQ: GOGO) ("Gogo" or the "Company"), the world's largest provider of broadband connectivity services for the business aviation market, today announced its financial results for the quarter and full-year ended December 31, 2022.

Key Points: 
  • Record service revenue of $77.3 million increased 12% compared to Q4 2021 and 3% compared to Q3 2022.
  • Record equipment revenue of $30.8 million increased 34% compared to Q4 2021 and 2% compared to Q3 2022.
  • AVANCE units comprised more than 47% of total AOL as of December 31, 2022, up from 39% as of December 31, 2021.
  • Cash, cash equivalents and short-term investments totaled $175.3 million as of December 31, 2022 compared to $152.2 million as of September 30, 2022.

FTI Consulting Enhances Financial Crime Compliance Offering in Asia with Two Senior Appointments

Retrieved on: 
Thursday, April 21, 2022
Financial Action Task Force, FATF, Forensic science, Twitter, FTI, FTI Consulting, Compliance, Organization, GLOBE, Program, Lifeline (FCC program), LinkedIn, FCN, Company, Bank, FCC, AML, Leadership, NYSE, HSBC, Facebook, Industry, Record, Hong Kong Monetary Authority, Senior, Head, Audit, Cryptocurrency, Deloitte, Mainland China

Mr. Yu joins from Deloitte and brings experience in anti-money laundering (AML), sanctions compliance, fraud investigations and financial technology.

Key Points: 
  • Mr. Yu joins from Deloitte and brings experience in anti-money laundering (AML), sanctions compliance, fraud investigations and financial technology.
  • Sin also joins FTI Consulting from Deloitte, where she led the firms Financial Crime Compliance practice for Mainland China.
  • FTI Consultings dedicated Financial Crime Compliance practice is a core component of FTI Consultings full-service Risk & Investigations offering.
  • The practice is led, managed and staffed by senior financial crime compliance professionals, drawn from industry or consulting backgrounds.