🔴 Gogo is trading 10.73% down today after lowered 2026 revenue and EBITDA guidance

Gogo is trading 10.73% down now at $3.25 as investors continue repricing the August 6 earnings disappointment.

• Q2 revenue missed expectations; management lowered 2026 revenue guidance to $870M–$895M and adjusted EBITDA guidance to $175M–$185M.
• Galileo and 5G equipment shipments face certification and rollout delays, while higher litigation costs further reduced profitability expectations.
• The broader market is nearly flat, so company-specific concerns appear to be driving the decline.