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Gogo Reiterates Revenue Growth At Compound Annual Growth Rate Of Approximately 15% - 17% From 2023 Through 2028

Author: Benzinga Newsdesk | August 07, 2024 07:17am

Long-term Financial Targets

Free Cash Flow targeting approximately $150 million in 2025, versus prior target of $150 million to $200 million, without the effect of the FCC Reimbursement Program.
The Company continues to expect that Gogo Galileo will contribute revenue beginning in 2025.
Reiterate Annual Adjusted EBITDA Margin reaching 40% in 2028.

Posted In: GOGO