Cogent (CCOI) Q4 Loss Narrower Than Expected, Top Line Up Y/Y [Yahoo! Finance]
Cogent Communications Holdings, Inc. (CCOI)
Last cogent communications holdings, inc. earnings: 2/27 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
cogentco.com/en/about-cogent/investor-relations
Company Research
Source: Yahoo! Finance
CCOI reported mixed fourth-quarter 2023 results, with the bottom line surpassing the Zacks Consensus Estimate but the top line missing the same. However, the Washington, DC-based leading Internet service provider reported a top-line expansion year over year, driven by solid demand trends in Corporate and NetCentric business. Net Income The company reported a net income of $200.2 million or $4.17 per share compared with $851 million or 2 cents per share in the year ago quarter. Despite higher operating expenses, the gain on the bargain purchase of Sprint business led to an improvement in the net income. Adjusted net income was reported at 16 cents per share. The bottom line beat the Zacks Consensus Estimate by 79 cents. In 2023, net income was $1.27 billion or $26.62 per share compared with $5.1 million or 11 cents in 2022. The improvement is driven by gain on the bargain purchase of Sprint assets. Cogent Communications Holdings, Inc. Price, Consensus and EPS Surprise Cogent
Show less
Read more
Impact Snapshot
Event Time:
CCOI
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CCOI alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CCOI alerts
High impacting Cogent Communications Holdings, Inc. news events
Weekly update
A roundup of the hottest topics
CCOI
News
- Cogent Communications CEO to Present at Three Upcoming ConferencesPR Newswire
- Cogent Announces IPv4 Address Securitization Offering [Yahoo! Finance]Yahoo! Finance
- Cogent Announces IPv4 Address Securitization OfferingPR Newswire
- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- KBRA Assigns Preliminary Rating to Cogent IPv4 LLC, Series 2024-1 [Yahoo! Finance]Yahoo! Finance
CCOI
Earnings
- 2/29/24 - Beat
CCOI
Sec Filings
- 4/25/24 - Form 8-K
- 4/19/24 - Form 8-K
- 4/2/24 - Form 4
- CCOI's page on the SEC website