Cogent Communications (CCOI) reported $257.2 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 6.6%. EPS of -$1.33 for the same period compares to -$1.13 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $260.33 million, representing a surprise of -1.20%. The company delivered an EPS surprise of +0.75%, with the consensus EPS estimate being -$1.34.While investors scrutinize revenue and earnings changes year-over-year and how they comp ...

Cogent Communications (CCOI) came out with a quarterly loss of $1.33 per share versus the Zacks Consensus Estimate of a loss of $1.34. This compares to loss of $1.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.75%. A quarter ago, it was expected that this internet service provider would post a loss of $1.31 per share when it actually produced a loss of $0.75, delivering a surprise of 42.75%.Over the last four quarters, t ...

Exhibit 99.1 | --- | --- | |---------------------------|---------------------------------| | | FOR IMMEDIATE RELEASE | | Cogent Contacts: | | | For Public Relations: | For Investor Relations: | | Jocelyn Johnson | John Chang | | + 1 (202) 295-4299 | + 1 (202) 295-4212 | | jajohnson@cogentco.com | investor.relations@cogentco.com | Cogent Communications Reports Third Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock Financial and Business Highlights · Service revenue was $2 ...

Financial and Business Highlights Service revenue was $260.4 million for Q2 2024 and was $257.2 million for Q3 2024. Wavelength revenue increased by 45.8%, sequentially, and was $3.6 million for Q2 2024 and $5.3 million for Q3 2024. Revenue from leasing IPv4 addresses increased by 11.8%, sequentially, and was $11.5 million for Q2 2024 and $12.8 million for Q3 2024. EBITDA increased by 32.2% from Q2 2024 to $35.9 million for Q3 2024. EBITDA margin was 10.4% for Q2 2024 and 13.9% for Q3 2024. Net cash used ...

Wall Street analysts forecast that Cogent Communications (CCOI) will report quarterly loss of $1.34 per share in its upcoming release, pointing to a year-over-year decline of 18.6%. It is anticipated that revenues will amount to $260.33 million, exhibiting a decline of 5.5% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course ...

WASHINGTON, Oct. 22, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on November 7, 2024 to present Cogent's operating results for the third quarter of 2024 and answer questions. Cogent will issue a press release announcing the operating results at 7:00 a.m. (ET) on November 7, 2024. Participation is open to all parties and this call may be accessed as follows: Dial-in Numbers: 1-888-596-4144 for U.S. and Canadian callers 1-64 ...

WASHINGTON, Sept. 12, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conferences: The Deutsche Bank 32nd Annual Leveraged Finance Conference is being held at The Phoenician in Scottsdale, AZ. Dave Schaeffer will be presenting on Tuesday, September 24 at 2:55 p.m. PT. The RBC 2024 Global Communications Infrastruct ...

Have you evaluated the performance of Cogent Communications' (CCOI) international operations during the quarter that concluded in June 2024? Considering the extensive worldwide presence of this internet service provider, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth. In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financ ...

Cogent Communications (CCOI) reported $260.44 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 8.6%. EPS of -$0.75 for the same period compares to -$0.13 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $264.69 million, representing a surprise of -1.61%. The company delivered an EPS surprise of +42.75%, with the consensus EPS estimate being -$1.31. While investors closely watch year-over-year changes in headline numbers -- revenue and ...

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Dave Schaeffer - Founder, Chairman, President and Chief Executive Officer Thaddeus Weed - VP, Treasurer and Chief Financial Officer Conference Call Participants Sebastiano Petti - JPMorgan Greg Williams - TD Cowen Walter Piecyk - LightShed Timothy Horan - Oppenheimer Frank Louthan - Raymond James James Schneider - Goldman Sachs Nick Del Deo - MoffettNathanson Bora Lee - RBC Capi ...