Compared to Estimates, Cogent (CCOI) Q4 Earnings: A Look at Key Metrics

Cogent Communications (CCOI) reported $272.1 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 79%. EPS of -$0.16 for the same period compares to $0.03 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $275.82 million, representing a surprise of -1.35%. The company delivered an EPS surprise of +83.16%, with the consensus EPS estimate being -$0.95.While investors closely watch year-over-year changes in headline numbers -- revenue and e ...