GOGO Q3 2024 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q3 2024 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$101M+2.6% YoY

Gross Profit

$66M66.0% margin

Operating Income

$19M19.0% margin

Net Income

$11M10.6% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-1.5%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$21M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$811M

Total Liabilities

$758M

Stockholders' Equity

$53M

Cash & Equivalents

$177M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$101M	$98M	+2.6%
Gross Profit	$66M	$68M	-1.8%
Operating Income	$19M	$33M	-42.8%
Net Income	$11M	$21M	-49.2%

Revenue Segments

Service

$82M81%

Product

$19M19%