GOGO Q2 2021 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q2 2021 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$82M+50.8% YoY

Gross Profit

$56M68.3% margin

Operating Income

$30M35.9% margin

Net Income

-$69M-84.1% margin

EPS (Diluted)

$-0.63

QoQ Revenue Growth

+11.5%

Cash Flow

Operating Cash Flow

-$15M

Free Cash Flow

-$16M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$352M

Total Liabilities

$929M

Stockholders' Equity

-$577M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$82M	$55M	+50.8%
Gross Profit	$56M	$37M	+50.1%
Operating Income	$30M	$17M	+73.0%
Net Income	-$69M	-$86M	+19.5%

Revenue Segments

Service

$65M79%

Product

$18M21%