Option chain shows key data for Gogo's stock options at various strike prices and expiration dates. Traders use this information to analyze potential trades and assess market sentiment for Gogo.

Gogo (NASDAQ:GOGO) Stock, Option Chain

Gogo

Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. Its business segment includes Business Aviation. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services. and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped.

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Emerson Electric Posts Better-Than-Expected Results, Joins Palantir Technologies, DXP Enterprises, Cummins, Apollo Global Management And Other Big Stocks Moving Higher On Tuesday

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Gogo Says Sergio Aguirre Announced His Retirement As President And COO, Effective December 31, 2024 - Filing

U.S. stocks were higher, with the Dow Jones index gaining around 300 points on Tuesday.
Shares of Emerson Electric Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMR#NYSE">EMR</a>) rose sharply during Monday's session after the company reported better-than-expected fourth-quarter financial results and issued FY25 adjusted EPS guidance above estimates. Also, the company announced it increased return of capital to shareholders with plans to repurchase <a href="https://www.benzinga.com/news/earnings/24/11/41748679/emerson-electric-gains-on-q4-earnings-beat-and-fy25-growth-forecast-eyes-aspentech-buyout">approximately $2B in FY25.</a>
Net sales growth of 13% year over year to $4.62 billion, beating the consensus of $4.57 billion. Underlying sales were up 4%, and underlying orders increased by 2% in the quarter. Adjusted EPS improved 15% to $1.48, beating the consensus of $1.47.
Emerson Electric shares jumped 6.6% to $117.01 on Tuesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Vimeo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VMEO#NASDAQ">VMEO</a>) shares jumped 42.7% to $6.86 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter sales guidance above estimates.</li>
<li>Gogo Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) gained 29.3% to $8.47 after the company reported better-than-expected third-quarter financial results.</li>
<li>Astera Labs Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>) rose 29.1% to $90.14 after the company reported better-than-expected third-quarter EPS and sales.</li>
<li>Aris Water Solutions Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARIS#NYSE">ARIS</a>) gained 25.8% to $20.84 following strong quarterly results.</li>
<li>Palantir Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>) gained 22.4% to $50.70 after the company reported better-than-expected third-quarter financial results and issued guidance above consensus estimates.</li>
<li>UFP Technologies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UFPT#NASDAQ">UFPT</a>) rose 20.7% to $335.00 after the company reported better-than-expected third-quarter financial results.</li>
<li>Lindblad Expeditions Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIND#NASDAQ">LIND</a>) gained 20.6% to $11.28 after the company reported better-than-expected third-quarter financial results.</li>
<li>DXP Enterprises Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXPE#NASDAQ">DXPE</a>) gained 18.7% to $60.45 following strong quarterly results.</li>
<li>Century Aluminum Co (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CENX#NASDAQ">CENX</a>) gained 17.7% to $20.66 following upbeat quarterly earnings.</li>
<li>Payoneer Global Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PAYO#NASDAQ">PAYO</a>) climbed 16% to $9.88 after the company reported better-than-expected quarterly EPS and sales and raised its FY24 revenue guidance.</li>
<li>Cushman &amp; Wakefield PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CWK#NYSE">CWK</a>) gained 13.2% to $14.88 after the company reported better-than-expected quarterly adjusted EPS results.</li>
<li>Ingredion Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/INGR#NYSE">INGR</a>) rose 12.6% to $150.97 following upbeat earnings.</li>
<li>Primoris Services Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRIM#NYSE">PRIM</a>) gained 10.5% to $71.11 following strong quarterly earnings.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) rose 9.1% to $293.34.</li>
<li>Cummins Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMI#NYSE">CMI</a>) gained 8.7% to $353.91 after the company reported better-than-expected third-quarter financial results.</li>
<li>Nomura Holdings Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMR#NYSE">NMR</a>) rose 7.3% to $5.64 following second-quarter results.</li>
<li>Apollo Global Management (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/APO#NYSE">APO</a>) gained 6.8% to $149.00 after the company reported better-than-expected quarterly financial results.</li>
</ul>
Now Read This: 
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<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41744659/jim-cramer-says-he-cant-recommend-this-major-automaker-ceva-is-way-too-high">Jim Cramer Says He Can&#8217;t Recommend This Major Automaker, Ceva Is &#8216;Way Too High&#8217;</a></li>
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WIIM

Gogo shares are trading higher after the company reported worse-than-expected Q3 financial results.

Gogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) reported quarterly earnings of $0.08 per share which beat the analyst consensus estimate of $0.05 by 60 percent. The company reported quarterly sales of $100.500 million which beat the analyst consensus estimate of $97.301 million by 3.29 percent. This is a 2.60 percent increase over sales of $97.949 million the same period last year.

Earnings

Earnings Beats

Gogo Q3 2024 GAAP EPS $0.08 Beats $0.05 Estimate, Sales $100.500M Beat $97.301M Estimate

Gogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) is set to give its latest quarterly earnings report on Tuesday, 2024-11-05. Here's what investors need to know before the announcement.
Analysts estimate that Gogo will report an earnings per share (EPS) of $0.05. 
Anticipation surrounds Gogo's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
<h3>Past Earnings Performance</h3>
In the previous earnings release, the company beat EPS by $0.02, leading to a 0.39% drop in the share price the following trading session.
Here's a look at Gogo's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
<th>Q4 2023</th>
<th>Q3 2023</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.07</td>
<td>0.06</td>
<td>0.11</td>
<td>0.14</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.09</td>
<td>0.16</td>
<td>0.11</td>
<td>0.16</td>
</tr>
<tr>
<td>Price Change %</td>
<td>-0.0%</td>
<td>-2.0%</td>
<td>-2.0%</td>
<td>2.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2024/1730743263_0_0.png" alt="eps graph" />
<h3>Gogo Share Price Analysis</h3>
Shares of Gogo were trading at $6.66 as of November 01. Over the last 52-week period, shares are down 35.36%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release. 
<h3>Analysts' Perspectives on Gogo</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Gogo.
With 3 analyst ratings, Gogo has a consensus rating of Neutral. The average one-year price target is $12.17, indicating a potential 82.73% upside.
<h3>Understanding Analyst Ratings Among Peers</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of and Spok Holdings, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<ul>
<li>For Spok Holdings, analysts project an Neutral trajectory, with an average 1-year price target of $15.0, indicating a potential 125.23% upside.</li>
</ul>
<h3>Analysis Summary for Peers</h3>
In the peer analysis summary, key metrics for and Spok Holdings are highlighted, providing an understanding of their respective standings within the industry and offering insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Gogo</td>
<td>Neutral</td>
<td>-1.13%</td>
<td>$66.76M</td>
<td>1.47%</td>
</tr>
<tr>
<td>Spok Holdings</td>
<td>Neutral</td>
<td>2.61%</td>
<td>$26.82M</td>
<td>2.33%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Gogo's revenue growth is lower than its peers. Its gross profit is higher than its peers. Gogo's return on equity is lower than its peers. Overall, Gogo ranks in the middle compared to its peers in terms of these financial metrics.
<h3>Unveiling the Story Behind Gogo</h3>
Gogo Inc is a broadband connectivity service for the business aviation market. It provides a customizable suite of smart cabin systems for integrated connectivity, inflight entertainment, and voice solutions. Its business segment includes Business Aviation. It generates two types of revenue: service revenue consists of monthly subscription and usage fees paid by aircraft owners and operators for telecommunication, data, and in-flight entertainment services. and equipment revenue consists of proceeds from the sale of ATG and narrowband satellite connectivity equipment and is recognized when control of the equipment is transferred to OEMs and dealers, which generally occurs when the equipment is shipped.
<h3>Breaking Down Gogo's Financial Performance</h3>
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Challenges: Gogo's revenue growth over 3 months faced difficulties. As of 30 June, 2024, the company experienced a decline of approximately -1.13%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Net Margin: Gogo's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 0.82%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Gogo's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 1.47% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): Gogo's ROA stands out, surpassing industry averages. With an impressive ROA of 0.1%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 12.93, Gogo faces challenges in effectively managing its debt levels, indicating potential financial strain.
<a href="https://www.benzinga.com/quote/GOGO/earnings">To track all earnings releases for Gogo visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Outlook For Gogo

Contracts

Wheels Up Reaches Agreement With Gogo Business Aviation To Add Gogo Galileo HDX Satellite Solution, Fleetwide

Textron Aviation is the First Business Aviation OEM to Announce Production Use of Gogo Galileo HDX
LAS VEGAS, Oct. 22, 2024 /PRNewswire/ --&nbsp;&nbsp;(NBAA-BACE, booth 1601) – <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4283722-1&amp;h=730039191&amp;u=https%3A%2F%2Fgogoair.com%2F&amp;a=Gogo+Business+Aviation">Gogo Business Aviation</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) today announced that Textron Aviation will install Gogo's global Low-Earth-Orbit (LEO) solution, Gogo Galileo HDX, as a factory option for the Cessna Citation Longitude, Citation Latitude and Citation Ascend business jet.
<a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4283722-1&amp;h=2877581367&amp;u=https%3A%2F%2Ftxtav.com%2F&amp;a=Textron+Aviation">Textron Aviation</a>, a <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4283722-1&amp;h=3310817843&amp;u=https%3A%2F%2Fwww.textron.com%2F&amp;a=Textron+Inc.">Textron Inc.</a>&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TXT#NYSE">TXT</a>) company, is the first business aviation OEM to offer Gogo Galileo HDX from the factory, securing a truly global connectivity solution with market-leading performance for its operators.
Gogo Galileo is built on Gogo's best-selling AVANCE platform with a fuselage-mounted HDX antenna, designed to be small enough for business jets. With AVANCE at the heart of the system, Gogo Galileo is more affordable and easier to install and operate than other satellite systems operating today.

Textron Aviation Selects Gogo Galileo HDX For Factory Installation On Cessna Citation Longitude, Latitude And Ascend; Textron Aviation Is The First Business Aviation OEM To Announce Production Use Of Gogo Galileo HDX

<h3>Gainers</h3>
<ul>
<li>LiveOne (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LVO#NASDAQ">LVO</a>) shares rose 5.0% to $0.64 during Monday's after-market session. The market value of their outstanding shares is at $63.6 million. </li>
<li>Gogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) shares rose 4.7% to $7.12. The company's market cap stands at $903.9 million. </li>
<li>Treasure Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TGL#NASDAQ">TGL</a>) shares increased by 3.81% to $0.8. The market value of their outstanding shares is at $6.9 million. </li>
<li>Intelligent Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTJ#NASDAQ">INTJ</a>) stock moved upwards by 3.7% to $1.12. The market value of their outstanding shares is at $14.7 million. </li>
<li>Brera Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BREA#NASDAQ">BREA</a>) stock increased by 3.3% to $1.25. The company's market cap stands at $16.6 million. </li>
<li>Asset Entities (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASST#NASDAQ">ASST</a>) shares moved upwards by 2.91% to $1.06. The company's market cap stands at $3.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Lytus Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ">LYT</a>) stock declined by 3.9% to $2.23 during Monday's after-market session. The company's market cap stands at $4.1 million. </li>
<li>NextPlat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPL#NASDAQ">NXPL</a>) shares declined by 3.48% to $1.11. The company's market cap stands at $31.6 million. </li>
<li>Fangdd Network Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUO#NASDAQ">DUO</a>) stock decreased by 3.29% to $1.18. The market value of their outstanding shares is at $15.9 million. </li>
<li>Hanryu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HRYU#NASDAQ">HRYU</a>) stock fell 3.02% to $0.2. The market value of their outstanding shares is at $10.3 million. As per the news, the Q2 earnings report came out 4 days ago. </li>
<li>AirNet Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANTE#NASDAQ">ANTE</a>) stock decreased by 2.25% to $0.37. The market value of their outstanding shares is at $5.2 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ANTE

ASST

BREA

HRYU

INTJ

NXPL

11 Communication Services Stocks Moving In Monday's After-Market Session

Trading Halt: Halt status updated at 7:25:00 AM ET: Quotation Resumption: News and Resumption Times

Under the terms of the agreement, Satcom Direct will receive&nbsp;$375 million&nbsp;in cash and five million shares of Gogo stock at closing, and up to an additional&nbsp;$225 million&nbsp;in payments tied to realizing certain performance thresholds over the next four years.
In 2024, Satcom Direct is expected to generate approximately&nbsp;$485 million&nbsp;in revenue with EBITDA margins of approximately&nbsp;17%&nbsp;on a pro forma adjusted basis.&nbsp;
The transaction is expected to be immediately accretive to earnings and free cash flow per share and is expected to generate&nbsp;$25-30 million in annual run-rate cost synergies in the two years following closing.&nbsp;

Gogo Agrees To Acquire Satcom Direct For $375M In Cash, And 5M Shares Of Gogo Stock At Closing; Agreement Also Provides For Potential Additional Consideration

Trading Halt: Halted at 6:56:53 a.m. ET - Trading Halt: Halt News Pending

<h3>Gainers</h3>
<ul>
<li>RDE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GIFT#NASDAQ">GIFT</a>) shares increased by 18.1% to $2.28 during Friday's after-market session. The company's market cap stands at $59.0 million. </li>
<li>Snail (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNAL#NASDAQ">SNAL</a>) stock increased by 6.03% to $0.81. The company's market cap stands at $29.9 million. </li>
<li>Baosheng Media Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BAOS#NASDAQ">BAOS</a>) stock rose 4.7% to $2.67. The company's market cap stands at $4.0 million. </li>
<li>Gogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) stock moved upwards by 4.01% to $7.53. The market value of their outstanding shares is at $956.0 million. </li>
<li>Mega Matrix (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/MPU#AMEX">MPU</a>) shares increased by 3.88% to $1.07. The company's market cap stands at $42.8 million. </li>
<li>Cheer Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CHR#NASDAQ">CHR</a>) stock rose 3.16% to $2.93. The market value of their outstanding shares is at $30.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>9F (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JFU#NASDAQ">JFU</a>) shares declined by 7.9% to $2.12 during Friday's after-market session. The company's market cap stands at $24.9 million. </li>
<li>HWH International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HWH#NASDAQ">HWH</a>) shares declined by 4.87% to $0.67. The company's market cap stands at $10.7 million. </li>
<li>Brera Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BREA#NASDAQ">BREA</a>) shares declined by 4.53% to $0.85. The market value of their outstanding shares is at $11.3 million. </li>
<li>MediaCo Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDIA#NASDAQ">MDIA</a>) stock fell 4.38% to $1.31. The market value of their outstanding shares is at $61.1 million. </li>
<li>36KR Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KRKR#NASDAQ">KRKR</a>) shares decreased by 3.33% to $0.23. The company's market cap stands at $8.9 million. </li>
<li>Lytus Technologies Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYT#NASDAQ">LYT</a>) shares fell 3.15% to $1.85. The market value of their outstanding shares is at $3.4 million. 
See Also: <a href="http://www.benzinga.com/money/best-communication-services-stocks/" title="www.benzinga.com/money/best-communication-services-stocks/">www.benzinga.com/money/best-communication-services-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BAOS

GIFT

KRKR

MDIA

SNAL

12 Communication Services Stocks Moving In Friday's After-Market Session

Roth MKM analyst Scott Searle maintains Gogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) with a Buy and maintains $15.5 price target.

Price Target

Analyst Ratings

Roth MKM Maintains Buy on Gogo, Maintains $15.5 Price Target

Gogo Business Aviation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) and Airshare – one of the fastest-growing private aviation operators – have entered a multi-year inflight connectivity agreement that provides Airshare aircraft management clients an option to install <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4255098-1&amp;h=2889419561&amp;u=https%3A%2F%2Fwww.gogoair.com%2Favance%2F%3Futm_source%3Dgogo%26utm_medium%3Dpr%26utm_campaign%3DBRND_Q324_galileo%26utm_content%3Dairshare&amp;a=Gogo+AVANCE">Gogo AVANCE</a>, <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4255098-1&amp;h=1701319979&amp;u=https%3A%2F%2Fwww.gogoair.com%2Fgogo-5g%2F%3Futm_source%3Dgogo%26utm_medium%3Dpr%26utm_campaign%3DBRND_Q324_galileo%26utm_content%3Dairshare&amp;a=Gogo+5G">Gogo 5G</a>, and <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4255098-1&amp;h=579115343&amp;u=https%3A%2F%2Fwww.gogoair.com%2Fgalileo%2F%3Futm_source%3Dgogo%26utm_medium%3Dpr%26utm_campaign%3DBRND_Q324_galileo%26utm_content%3Dairshare&amp;a=Gogo+Galileo">Gogo Galileo</a>, the company's Low-Earth-Orbit (LEO) broadband satellite service.
&nbsp;
"We are focused on delivering a best-in-class experience for everyone who flies with us, whether it be for business or leisure," said John Owen, president and CEO of Airshare. "Secure, dependable connectivity has never been more essential for those flying private with us.
"We continuously explore opportunities to enhance&nbsp;Wi-Fi performance for both our Managed and Fractional fleets, and we're excited to be offering these new upgrade options from Gogo," Owen added. "Having worked together for several years we're extremely confident in their technology and customer support."
Airshare operates a nationwide fleet approaching 150 aircraft, ranging from turboprops to ultra long-range jets. Its Fractional Program offers fractional shares and jet cards for the popular Challenger 3500 and Phenom 300 aircraft, both of which are covered by Gogo's extensive Supplemental Type Certificate portfolio.
The agreement continues a long-standing partnership between Gogo and Airshare, in which 65 percent of its Phenom 300 aircraft have already been upgraded to Gogo AVANCE with plans to upgrade the remaining fleet in the next 12 months.
"This partnership is a commitment by Airshare and Gogo to bring an even better experience to&nbsp; our mutual customers in North America and beyond with our family of connectivity services," said Sergio Aguirre, Gogo's president and chief operating officer. "AVANCE delivers improved performance compared to the currently installed legacy ATG systems and was designed to provide an easy upgrade path to new technologies like Gogo 5G and Gogo Galileo."
For <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4255098-1&amp;h=579115343&amp;u=https%3A%2F%2Fwww.gogoair.com%2Fgalileo%2F%3Futm_source%3Dgogo%26utm_medium%3Dpr%26utm_campaign%3DBRND_Q324_galileo%26utm_content%3Dairshare&amp;a=Gogo+Galileo">Gogo Galileo</a>&nbsp;specifically, any size aircraft with an AVANCE system (L3, L5, SCS) installed can add the new global LEO service with a single fuselage-mounted antenna, available in two options (HDX or FDX) to address the specific needs of the customer and aircraft operator.
With its compact size, the HDX delivers fast, low latency performance across the full breadth of business aviation aircraft worldwide from light jets and turboprops to the largest business jets. The FDX antenna, designed in a larger form factor, offers even greater performance and three times the speeds of the HDX.

Gogo Expands Partnership with Airshare, Introducing 5G and Satellite Wi-Fi Services for Business Aviation

<a href="https://x.com/Bleecker__St/status/1834598909559157107" title="https://x.com/Bleecker__St/status/1834598909559157107">https://x.com/Bleecker__St/status/1834598909559157107</a>

Short Sellers

Bleecker Street Research Posts On X "While not infringing on $GOGO business, we still think what is good for Starlink Aviation is bad for GOGO."

U.S. stock futures were mixed this morning, with the Dow futures gaining around 0.1% on Friday.
Shares of Adobe Inc.  (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADBE#NASDAQ">ADBE</a>) shares declined 10.3% to $75.02 in pre-market trading after the company <a href="https://www.benzinga.com/news/earnings/24/09/40843018/adobe-reports-record-q3-revenue-eps-beats-estimates">reported quarterly results.</a>
Adobe reported better-than-expected earnings for its third quarter on Thursday. The company said it sees fourth-quarter revenue in a range of $5.5 billion to $5.55 billion and earnings of between $4.63 and $4.68 per share.
Adobe shares dipped 8.5% to $537.00 in pre-market trading.
Here are some big stocks recording losses in today's pre-market trading session.
<ul>
<li>SelectQuote, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SLQT#NYSE">SLQT</a>) fell 18.1% to $2.94 in pre-market trading after the company reported worse-than-expected fourth-quarter financial results and issued FY25 revenue guidance below estimates.</li>
<li>Similarweb Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SMWB#NYSE">SMWB</a>) declined 11.2% to $8.50 in pre-market trading after the company announced the pricing of $27.475 million secondary offering of 3.5 million shares of common stock at a price of $7.85 by a selling shareholder.</li>
<li>XCHG Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XCH#NASDAQ">XCH</a>) shares declined 7.5% to $7.99 in pre-market trading amid possible post-IPO volatility.</li>
<li>Atea Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVIR#NASDAQ">AVIR</a>) shares fell 7.1% to $3.4102 in pre-market trading after the company announced the outcome of the global Phase 3 SUNRISE-3 trial evaluating bemnifosbuvir for the treatment of COVID-19 and found that the trial did not meet the primary endpoint.</li>
<li>Valneva SE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VALN#NASDAQ">VALN</a>) fell 6.2% to $6.51 in pre-market trading.</li>
<li>Gogo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) fell 6.1% to $7.00 in pre-market trading after declining 3% on Thursday.</li>
</ul>
Now Read This: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/09/40850889/4m-bet-on-this-energy-stock-check-out-these-3-stocks-executives-are-buying">$4M Bet On This Energy Stock? Check Out These 3 Stocks Executives Are Buying</a></li>
</ul>

Adobe, SelectQuote, Similarweb And Other Big Stocks Moving Lower In Friday's Pre-Market Session

Gogo Business Aviation, In Conjunction With Duncan Aviation, Has Completed The First Installation Of Gogo Galileo HDX On A Bombardier Challenger 300 And Has Commenced Flight Testing

Morgan Stanley analyst Simon Flannery maintains Gogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) with a Equal-Weight and lowers the price target from $12 to $11.

Morgan Stanley Maintains Equal-Weight on Gogo, Lowers Price Target to $11

&nbsp;Gogo Business Aviation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) today announced a partnership with Skyservice Business Aviation ("Skyservice"), a North American leader in business aviation, to develop Supplemental Type Certificates (STC) from Transport Canada Civil Aviation (TCCA) and the Federal Aviation Administration (FAA) for <a href="https://c212.net/c/link/?t=0&amp;l=en&amp;o=4239450-1&amp;h=3788756714&amp;u=https%3A%2F%2Fwww.gogoair.com%2Fgogo-5g%2F%3Futm_source%3Dgogo%26utm_medium%3Dpr%26utm_campaign%3DBRND_Q324_5G%26utm_content%3Dwebsite&amp;a=Gogo+5G">Gogo 5G</a>&nbsp;on six aircraft models.

Gogo Business Aviation Partners With Skyservice To Develop FAA And TCCA STCs For 5G On Six Aircraft Models

JP Morgan analyst Philip Cusick maintains Gogo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOGO#NASDAQ">GOGO</a>) with a Neutral and lowers the price target from $11 to $10.

JP Morgan Maintains Neutral on Gogo, Lowers Price Target to $10

Press Releases

Gogo to Acquire Satcom Direct

Gogo Receiving Unprecedented Demand for Gogo Galileo HDX

Gogo Galileo Tour Launches Nationwide

Gogo Inc. to Report Third Quarter 2024 Financial Results on November 5, 2024

Skyservice™ Announces Development of Gogo Galileo HDX STC for Gulfstream G280

Textron Aviation Selects Gogo Galileo HDX for Factory Installation on Cessna Citation Longitude, Latitude and Ascend

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