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Gogo Inc   (GOGO)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services


 

Gogo Inc

GOGO's Financial Statements and Analysis



Gogo Inc reported in the third quarter of 2023 net earnings per share of $0.16 an increase by 6.67 % year on year from $0.15 and decline of -76.12 % from $0.67 earned in II. Quarter (Jun 30 2023).


third quarter of 2023
Earnings Per Share Revenues
$ 0.16 $  98 Mill
$+0.01     +6.67 % $-7M     -7 %



Gogo Inc 's Revenue fell by -7 % in third quarter of 2023 (Sep 30 2023) year on year, to $98 million and declined by -5.11 % sequentially.


Gogo Inc is

More on GOGO's Income Statement



Gogo Inc 's net income of $20.913 million in the third quarter of 2023 increased by 3.65 % from net earnings of $20.176 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -76.72 % from net income of $89.849 million realized in previous quarter.

More on GOGO's Growth

Gogo Inc Inventories
Inventories grew by 34.75 % to $63 million from III. Quarter a year ago, sequentially inventories rose by 4.22 %. In Sep 30 2023 company's net cash and cash equivalents decreased by $-11 million, capital expenditures grew by -19.982-73.20%, to $-5 millions compare to same quarter a year ago

More on GOGO's Cash flow Statement


Gogo Inc does not pay out common stock dividend.

In trailing twelve-month period Gogo Inc earned $ 0.64 cash per share, on a free-cash flow basis 53.74 % of net earning per share.

Book value grew by 273.57 % sequentially to $0.26 per share, 101.13% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -0.15 per share from $ -0.31.

Company repurchased 3.40 million shares or 2.53 % in Sep 30 2023.
Interest Coverage Ratio was 4.19. Debt Coverage Ratio was 0.22.

More on GOGO's Dividends

 Market Capitalization (Millions) 1,089
 Shares Outstanding (Millions) 131
 Total Debt (Millions $) 596
 Revenue (TTM) (Millions $) 408
 Net Income (TTM) (Millions $) 159
 Cash Flow (TTM) (Millions $) -66
 Capital Exp. (TTM) (Millions $) -29
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 862




Gogo Inc does not pay out common stock dividend.

In trailing twelve-month period Gogo Inc had $ 0.64 cash flow per share, on a free-cash flow basis 53.74 % of net earning per share.

Book value grew by 273.57 % sequentially to $0.26 per share, 101.13% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ -0.15 per share from $ -0.31.

Company repurchased 3.40 million shares or 2.53 % in Sep 30 2023.
Interest Coverage Ratio was 4.19. Debt Coverage Ratio was 0.22.

More on GOGO's Balance Sheets

 Market Capitalization (Millions) 1,089
 Shares Outstanding (Millions) 131
 Total Debt (Millions $) 596
 Revenue (TTM) (Millions $) 408
 Net Income (TTM) (Millions $) 159
 Cash Flow (TTM) (Millions $) -66
 Capital Exp. (TTM) (Millions $) -29
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 862
   


  News about Gogo Inc Earnings

Gogo Inc Surprises with Profitability in Challenging Market, Despite Weak Revenue Performance in Q3 2023

Despite a weak revenue performance in the third quarter of 2...

Gogo Inc's Remarkable Growth Amplified by $63.83 Million Tax Provisions, Doubling Earnings Per Share

Gogo Inc., a communications services company, has shown impressive growth and financial performance in the second quarter of the 2023 earnings season. The company's earnings per share (EPS) more than doubled by 294.12% to $0.67 per share compared to $0.17 in the previous year. Additionally, income per share increased by 346.67% to $0.15 per share.
The revenue of Gogo Inc. also experienced growth, rising by 5.504% to $103.22 million compared to $97.84 million in the same reporting season a year earlier. Sequentially, revenue surged by 4.69% from $98.60 million. This revenue growth is particularly noteworthy as many of the company's peers in the communications services industry have faced business declines...

Earnings Struggle, but Revenue Climbs: Gogo Inc Shows Brightening Financials in Q1 2023

Gogo Inc's first quarter results for 2023 have shown a return on asset (ROA) of 13.6%, which is a signi...


Date modified: 2023-11-08T18:26:53+00:00





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