Cogent (CCOI) Reports Q1 Earnings: What Key Metrics Have to Say

For the quarter ended March 2024, Cogent Communications (CCOI) reported revenue of $266.17 million, up 73.3% over the same period last year. EPS came in at -$ 1.29, compared to $0.13 in the year-ago quarter.The reported revenue represents a surprise of -2.90% over the Zacks Consensus Estimate of$ 274.13 million. With the consensus EPS estimate being -$1.10, the EPS surprise was -17.27%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...