What drove GOGO's massive EPS beat in Q4 2024?

Gogo's massive EPS beat in Q4 2024 can be attributed to **Strategic Moves and Revenue Growth**: 1. **Revenue Growth**: Gogo reported a 3% year-over-year increase in total revenue for Q3 2024, driven by ARPA growth and an increase in advanced units. This growth in service revenue and equipment revenue contributed to the overall financial performance of the company. 2. **Advanced Units and Shipments**: There was an increase in advanced units, with 214 advanced shipments, up 11% year-over-year. This indicates a strong demand for advanced services and equipment, which has a positive impact on revenue and profitability. 3. **Market Challenges**: Despite market challenges, Gogo's strategic moves and focus on revenue growth allowed the company to outperform expectations. This suggests that Gogo has effectively navigated challenging market conditions to deliver strong financial results. In summary, Gogo's massive EPS beat in Q4 2024 can be attributed to strategic moves that have driven revenue growth, particularly in advanced units and shipments, and effective management of market challenges.