Gogo is trading -10.34% at $2.86 after its August 6 earnings release prompted lower 2026 guidance.
- Gogo missed Q2 EPS and revenue estimates.
- Guidance now calls for $870 million–$895 million in 2026 revenue and $175 million–$185 million in adjusted EBITDA, citing delayed Galileo and 5G shipments, FAA certification and OEM-integration delays.
- Full-year litigation expense is expected to rise to $22 million.