GOGO Q4 2023 Earnings — Gogo Inc. Revenue & Financial Results | Market Cap Arena

GOGOGogo Inc.

$626M

Q4 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$98M-9.6% YoY

Gross Profit

$60M61.2% margin

Operating Income

$25M25.4% margin

Net Income

$14M14.8% margin

EPS (Diluted)

$0.11

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$26M

Free Cash Flow

$21M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$782M

Total Liabilities

$741M

Stockholders' Equity

$41M

Cash & Equivalents

$139M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$98M	$108M	-9.6%
Gross Profit	$60M	$70M	-14.9%
Operating Income	$25M	$39M	-35.7%
Net Income	$14M	$28M	-47.7%

Revenue Segments

Service

$81M83%

Product

$17M17%