Cogent Communications (CCOI) Reports Q2 Loss, Beats Revenue Estimates

Cogent Communications (CCOI) came out with a quarterly loss of $1.21 per share versus the Zacks Consensus Estimate of a loss of $0.93. This compares to a loss of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -30.11%. A quarter ago, it was expected that this internet service provider would post a loss of $1.05 per share when it actually produced a loss of $1.09, delivering a surprise of -3.81%.Over the last four quarter ...