Items tagged with (NASDAQ:GOGO)

Gogo raked in record revenue of $104 million for its fiscal third quarter of 2014, up 22 percent year-over-year, however the company has also been spending a great deal on expanding its in-flight Wi-Fi service to more airlines. As a result, Gogo ended up posting a $24.9 million loss for the quarter, or $0.29 per share, compared to a loss of $18.7 million, or $0.22 per share a year ago. Though the company couldn't manage to climb out of the red, Gogo President and CEO Michael Small was pleased with the performance as he keeps an eye towards long-term growth. In order to set the company up for that, Small has to make investments into getting Gogo's service offered on more airlines. "We announced... Read more...