Cogent Communications (CCOI) Reports Q1 Loss, Lags Revenue Estimates

Cogent Communications (CCOI) came out with a quarterly loss of $1.29 per share versus the Zacks Consensus Estimate of a loss of$ 1.10. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -17.27%. A quarter ago, it was expected that this internet service provider would post a loss of$ 0.95 per share when it actually produced a loss of $0.16, delivering a surprise of 83.16%.Over the last four quart ...