GOGO Q2 2024 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q2 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$102M-1.1% YoY

Gross Profit

$67M65.4% margin

Operating Income

$22M21.2% margin

Net Income

$839,0000.8% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

-2.2%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$18M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$803M

Total Liabilities

$751M

Stockholders' Equity

$52M

Cash & Equivalents

$162M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$102M	$103M	-1.1%
Gross Profit	$67M	$69M	-3.1%
Operating Income	$22M	$34M	-36.3%
Net Income	$839,000	$90M	-99.1%

Revenue Segments

Service

$82M80%

Product

$20M20%