GOGO Q2 2020 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$623M

Q2 2020 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$55M-74.4% YoY

Gross Profit

$37M68.6% margin

Operating Income

$17M31.3% margin

Net Income

-$86M-157.4% margin

EPS (Diluted)

$-1.05

QoQ Revenue Growth

-23.0%

Cash Flow

Operating Cash Flow

-$47M

Free Cash Flow

-$51M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$1.6B

Stockholders' Equity

-$569M

Cash & Equivalents

$156M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$55M	$214M	-74.4%
Gross Profit	$37M	$107M	-64.8%
Operating Income	$17M	$10M	+77.1%
Net Income	-$86M	-$84M	-2.4%

Revenue Segments

Business Aviation

$55M82%

Commercial Aviation Rest Of World

$12M18%