BUZZ-Gogo jumps on strong annual revenue forecast, Q4 revenue beat

Reuters
14 Mar
BUZZ-Gogo jumps on strong annual revenue forecast, Q4 revenue beat

** Shares of in-flight internet provider Gogo GOGO.O rise 5.4% to $7.24 premarket

** GOGO forecasts 2025 revenue in the range of $870 million to $910 million, higher than analysts' estimate of $447.8 million as per data compiled by LSEG

** Co posts Q4 revenue of $137.8 million, beating analysts' average estimate of $97.4 million

** Stock down 26.4% in the last 12 months

(Reporting by Padmanabhan Ananthan)

((Padmanabhan.Ananthan@thomsonreuters.com;))

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