Cogent's Q3 Loss Narrower Than Expected, Revenues Down Y/Y
Cogent(CCOI) ZACKS·2024-11-08 16:35
Cogent Communications Holdings, Inc. (CCOI) reported mixed third-quarter 2024 results, with the bottom line surpassing the Zacks Consensus Estimate but the top line missing the same. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.The Washington, DC-based leading Internet service provider reported a top-line decline year over year, owing to weakness in net-centric and corporate business.CCOI’s Net IncomeThe company reported a net loss of $63.1 million or $1.33 per share compared wit ...