GOGOGogo Inc.

$626M

Q3 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$98M-7.0% YoY

Gross Profit

$68M68.9% margin

Operating Income

$33M34.0% margin

Net Income

$21M21.4% margin

EPS (Diluted)

$0.16

QoQ Revenue Growth

-5.1%

Cash Flow

Operating Cash Flow

$19M

Free Cash Flow

$13M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$767M

Total Liabilities

$734M

Stockholders' Equity

$34M

Cash & Equivalents

$86M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$98M	$105M	-7.0%
Gross Profit	$68M	$69M	-1.8%
Operating Income	$33M	$36M	-8.3%
Net Income	$21M	$20M	+3.7%

Revenue Segments

Service

$80M81%

Product

$18M19%

GOGO Q3 2023 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena