Gogo Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported revenue was USD 97.81 million compared to USD 108.16 million a year ago. Net income was USD 14.47 million compared to USD 27.67 million a year ago. Basic earnings per share from continuing operations was USD 0.11 compared to USD 0.22 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.21 a year ago.
For the full year, revenue was USD 397.58 million compared to USD 404.07 million a year ago. Net income was USD 145.68 million compared to USD 92.06 million a year ago. Basic earnings per share from continuing operations was USD 1.12 compared to USD 0.75 a year ago. Diluted earnings per share from continuing operations was USD 1.09 compared to USD 0.71 a year ago.