=Gogo (GOGO) reported earnings Thur 4 Aug 2016 (b/o)

Gogo beats by $0.09, beats on revs; guides FY16 revs in-line  :

• Reports Q2 (Jun) loss of $0.31 per share, excluding $0.20 from debt extinguishment, $0.09 better than the Capital IQ Consensus of ($0.40); revenues rose 21.7% year/year to $147.5 mln vs the $141.46 mln Capital IQ Consensus.
• Co issues in-line guidance for FY16, sees FY16 revs of $585-595 vs. $591.44 mln Capital IQ Consensus Estimate. 
• Raising installation guidance and expect 2016 consolidated revenue to be above the midpoint of guidance range:
  • In-flight connectivity installations CA-NA net new installations of ~300 aircraft in 2016, including ~600 ATG-4 aircraft installations and upgrades CA-ROW net new installations of ~75 aircraft in 2016 and more than 200 aircraft in 2017 2Ku installations of 75 to 100 aircraft in 2016 and 350 to 450 aircraft in 2017. CA-NA revenue of $350 million to $365 million BA revenue of $190 million to $205 million CA-ROW revenue of $25 million to $30 million
• Reaffirms Adjusted EBITDA of $55 million to $65 million