GOGO Q3 2020 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$623M

Q3 2020 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$67M-66.9% YoY

Gross Profit

$46M69.7% margin

Operating Income

$22M33.4% margin

Net Income

-$80M-120.4% margin

EPS (Diluted)

$-0.97

QoQ Revenue Growth

+21.8%

Cash Flow

Operating Cash Flow

-$27M

Free Cash Flow

-$28M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$984M

Total Liabilities

$1.6B

Stockholders' Equity

-$647M

Cash & Equivalents

$117M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$67M	$201M	-66.9%
Gross Profit	$46M	$98M	-52.9%
Operating Income	$22M	$7M	+207.8%
Net Income	-$80M	-$23M	-250.0%

Revenue Segments

Service

$53M80%

Product

$13M20%