Cogent Communications (CCOI) Reports Q2 Loss, Misses Revenue Estimates

Cogent Communications (CCOI) came out with a quarterly loss of $0.75 per share versus the Zacks Consensus Estimate of a loss of$ 1.31. This compares to loss of $0.13 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 42.75%. A quarter ago, it was expected that this internet service provider would post a loss of$ 1.10 per share when it actually produced a loss of $1.29, delivering a surprise of -17.27%. Over the last four quarter ...