What factors impacted GOGO's 2024 EPS most?
4/5/2025 05:26pm
Gogo's 2024 EPS was negatively impacted by a $28.21 million net loss in the fourth quarter (Q4), despite a strong revenue performance. The net loss was a significant factor in the negative EPS, but the company's revenue growth and earnings beat expectations in previous quarters suggest that the impact of this loss was partially offset by effective cost management or other revenue-related factors. However, without detailed information on Gogo's cost structure and other income sources, it is difficult to provide a precise breakdown of the factors influencing the 2024 EPS.