GOGO Q1 2020 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$623M

Q1 2020 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$71M-64.5% YoY

Gross Profit

$51M72.5% margin

Operating Income

$21M30.1% margin

Net Income

-$85M-119.5% margin

EPS (Diluted)

$-1.04

QoQ Revenue Growth

-68.0%

Cash Flow

Operating Cash Flow

$38M

Free Cash Flow

$37M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.2B

Total Liabilities

$1.7B

Stockholders' Equity

-$487M

Cash & Equivalents

$214M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$200M	-64.5%
Gross Profit	$51M	$102M	-49.4%
Operating Income	$21M	$11M	+86.2%
Net Income	-$85M	-$17M	-404.7%

Revenue Segments

Business Aviation

$71M68%

Commercial Aviation Rest Of World

$33M32%