For the quarter ended June 2025, Cogent Communications (CCOI) reported revenue of $246.25 million, down 5.5% over the same period last year. EPS came in at -$1.21, compared to -$0.75 in the year-ago quarter.
The reported revenue represents a surprise of +0.28% over the Zacks Consensus Estimate of $245.57 million. With the consensus EPS estimate being -$0.93, the EPS surprise was -30.11%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Cogent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Customer Connections - On-net: 87,407 compared to the 87,390 average estimate based on three analysts.
- Customer Connections - Non-Core: 3,615 versus the three-analyst average estimate of 4,626.
- Customer Connections - Off-net: 26,239 versus 29,073 estimated by three analysts on average.
- Customer Connections - Total: 118,730 compared to the 121,545 average estimate based on three analysts.
- Total On-Net buildings: 3,529 versus 3,536 estimated by two analysts on average.
- Revenue- Corporate Revenue: $109.05 million versus $109.96 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -8.8% change.
- Revenue- Enterprise: $39.89 million compared to the $43.01 million average estimate based on four analysts. The reported number represents a change of -19.9% year over year.
- Revenue- Net-Centric Revenue: $97.31 million versus the four-analyst average estimate of $92.62 million. The reported number represents a year-over-year change of +6.8%.
- Revenue- Wavelength: $9.06 million compared to the $8.53 million average estimate based on three analysts. The reported number represents a change of +149.9% year over year.
- Revenue- Service revenue- Non-Core revenue: $2.68 million compared to the $2.52 million average estimate based on two analysts. The reported number represents a change of -41.8% year over year.
- Revenue- Service revenue- On-Net revenue: $132.33 million versus $133.26 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -6% change.
- Revenue- Service revenue- Off-Net revenue: $102.18 million compared to the $101.74 million average estimate based on two analysts. The reported number represents a change of -8.3% year over year.
View all Key Company Metrics for Cogent here>>>
Shares of Cogent have returned -11% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Cogent Communications Holdings, Inc. (CCOI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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