GOGO Q1 2022 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q1 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$93M+25.6% YoY

Gross Profit

$64M68.8% margin

Operating Income

$35M37.7% margin

Net Income

$22M23.9% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+0.5%

Cash Flow

Operating Cash Flow

$18M

Free Cash Flow

$9M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$685M

Total Liabilities

$966M

Stockholders' Equity

-$281M

Cash & Equivalents

$153M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$93M	$74M	+25.6%
Gross Profit	$64M	$51M	+24.0%
Operating Income	$35M	$28M	+25.8%
Net Income	$22M	-$8M	+388.8%

Revenue Segments

Service

$71M76%

Product

$22M24%