GOGO Q1 2021 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q1 2021 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$74M+4.1% YoY

Gross Profit

$51M69.7% margin

Operating Income

$28M37.6% margin

Net Income

-$8M-10.4% margin

EPS (Diluted)

$-0.09

QoQ Revenue Growth

-4.8%

Cash Flow

Operating Cash Flow

$24M

Free Cash Flow

$23M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$688M

Total Liabilities

$1.3B

Stockholders' Equity

-$632M

Cash & Equivalents

$455M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$74M	$71M	+4.1%
Gross Profit	$51M	$51M	+0.2%
Operating Income	$28M	$21M	+30.3%
Net Income	-$8M	-$85M	+90.9%

Revenue Segments

Service

$59M80%

Product

$15M20%