GOGO Q2 2022 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q2 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$98M+18.8% YoY

Gross Profit

$65M66.7% margin

Operating Income

$32M33.1% margin

Net Income

$22M22.5% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

+5.5%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$15M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$724M

Total Liabilities

$869M

Stockholders' Equity

-$146M

Cash & Equivalents

$164M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$98M	$82M	+18.8%
Gross Profit	$65M	$56M	+15.9%
Operating Income	$32M	$30M	+9.2%
Net Income	$22M	-$69M	+131.8%

Revenue Segments

Service

$73M75%

Product

$25M25%