Cogent Communications (CCOI) Reports Q3 Loss, Misses Revenue Estimates

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 ...