GOGO Q3 2022 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q3 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$105M+20.8% YoY

Gross Profit

$69M65.3% margin

Operating Income

$36M34.5% margin

Net Income

$20M19.2% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+7.6%

Cash Flow

Operating Cash Flow

$28M

Free Cash Flow

$8M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$729M

Total Liabilities

$857M

Stockholders' Equity

-$128M

Cash & Equivalents

$152M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$105M	$87M	+20.8%
Gross Profit	$69M	$62M	+11.2%
Operating Income	$36M	$31M	+17.6%
Net Income	$20M	$11M	+84.1%

Revenue Segments

Service

$75M71%

Product

$30M29%