GOGO Q3 2019 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$623M

Q3 2019 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$201M-7.4% YoY

Gross Profit

$98M48.9% margin

Operating Income

$7M3.6% margin

Net Income

-$23M-11.4% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-5.9%

Cash Flow

Operating Cash Flow

$70M

Free Cash Flow

$34M

Stock-Based Comp.

$4M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$1.7B

Stockholders' Equity

-$383M

Cash & Equivalents

$218M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$201M	$217M	-7.4%
Gross Profit	$98M	$94M	+4.9%
Operating Income	$7M	-$8M	+194.8%
Net Income	-$23M	-$38M	+39.3%

Revenue Segments

Business Aviation

$81M69%

Commercial Aviation Rest Of World

$36M31%