Gogo Inc logo

Gogo Inc

NEW
NAS:GOGO (USA)   Ordinary Shares
$ 15.48 +1.03 (+7.13%) 04:00 PM EST
At Loss
P/B:
24.57
Volume:
3.41M
Avg Vol (2M):
2.26M
Trade In:
Volume:
3.41M
At Loss
Avg Vol (2M):
2.26M

Business Description

Gogo Inc logo
Gogo Inc
NAICS : 517312 SIC : 4899
ISIN : US38046C1099

Share Class Description:

GOGO: Ordinary Shares
Description
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 Gogo BA and Satcom Direct. 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.