Recap: Cogent Comms Hldgs Q2 Earnings

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Cogent Comms Hldgs CCOI reported its Q2 earnings results on Thursday, August 4, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

Earnings

Cogent Comms Hldgs missed estimated earnings by 4.0%, reporting an EPS of $0.24 versus an estimate of $0.25.

Revenue was up $7.54 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.19 which was followed by a 4.96% drop in the share price the next day.

Here's a look at Cogent Comms Hldgs's past performance:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.21 0.21 0.24 0.21
EPS Actual 0.02 0.39 0.28 -0.05
Revenue Estimate 149.05M 149.10M 148.20M 146.72M
Revenue Actual 149.18M 147.21M 147.93M 140.91M

To track all earnings releases for Cogent Comms Hldgs visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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