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Global Eagle posts record results for third quarter 2015

Aditya Chatterjee, GEE's chief technology officer.

Aditya Chatterjee, GEE’s chief technology officer.

Global Eagle Entertainment (GEE) has posted record results for the third quarter of 2015 and says its inflight connectivity business is on target to deliver even more.

GEE posted revenues of $110.1 million, an adjusted earnings before interest, taxes, depreciation, and amortization of $14.1 million, and cash flow from its operations of $7.5 million.

Dave Davis, Chief Executive Officer of GEE, said: “Our third quarter 2015 results highlight Global Eagle’s leadership in the inflight entertainment and connectivity market.

“We have added numerous new customers, grown relationships with existing customers, including some of the world’s top airlines, and expanded our product offerings through our recent M&A transactions.”

In terms of inflight connectivity GEE’s highlights are:

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Global Eagle posts record results for third quarter 2015 was last modified: November 7th, 2015 by Steve Nichols
Filed in: Commercial Tags: , ,

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