GOGO Q2 2019 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$623M

Q2 2019 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$214M-6.1% YoY

Gross Profit

$107M49.9% margin

Operating Income

$10M4.5% margin

Net Income

-$84M-39.3% margin

EPS (Diluted)

$-1.04

QoQ Revenue Growth

+7.1%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

-$3M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.6B

Stockholders' Equity

-$364M

Cash & Equivalents

$182M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$214M	$227M	-6.1%
Gross Profit	$107M	$89M	+19.2%
Operating Income	$10M	-$7M	+229.8%
Net Income	-$84M	-$37M	-125.7%

Revenue Segments

Business Aviation

$71M66%

Commercial Aviation Rest Of World

$37M34%