GOGO Q1 2023 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q1 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$99M+6.3% YoY

Gross Profit

$64M64.6% margin

Operating Income

$32M32.4% margin

Net Income

$20M20.7% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

-8.8%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$14M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$759M

Total Liabilities

$847M

Stockholders' Equity

-$88M

Cash & Equivalents

$163M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$99M	$93M	+6.3%
Gross Profit	$64M	$64M	-0.3%
Operating Income	$32M	$35M	-8.6%
Net Income	$20M	$22M	-7.9%

Revenue Segments

Service

$78M80%

Product

$20M20%