Gogo +6% on de-icing success

|About: Gogo (GOGO)|By:, SA News Editor

Gogo (NASDAQ:GOGO) announces that, as of the end of last year, modifications to protect against de-icing fluid contamination on its 2Ku North American aircraft showed positive results.

Due to the success, Gogo didn't incur some forecasted Q4 costs and so raises its 2018 Adjusted EBITDA guidance to the high end of the previously announced $45M to $60M.

Gogo shares are up 6.2% premarket to $3.28.

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