GOGO Q1 2019 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$623M

Q1 2019 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$200M-13.9% YoY

Gross Profit

$102M51.0% margin

Operating Income

$11M5.7% margin

Net Income

-$17M-8.4% margin

EPS (Diluted)

$-0.21

QoQ Revenue Growth

-8.1%

Cash Flow

Operating Cash Flow

-$6M

Free Cash Flow

-$34M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.6B

Stockholders' Equity

-$284M

Cash & Equivalents

$189M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$200M	$232M	-13.9%
Gross Profit	$102M	$105M	-2.8%
Operating Income	$11M	-$2M	+627.3%
Net Income	-$17M	-$27M	+38.7%

Revenue Segments

Business Aviation

$71M68%

Commercial Aviation Rest Of World

$33M32%