Workflow
Compared to Estimates, Cogent (CCOI) Q3 Earnings: A Look at Key Metrics
CCOICogent(CCOI) ZACKS·2024-11-07 16:05

Cogent Communications (CCOI) reported 257.2millioninrevenueforthequarterendedSeptember2024,representingayearoveryeardeclineof6.6257.2 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 -1.13ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof1.13 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 ...