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CCOIBearishEarningsnews
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Cogent (CCOI) Q1 Loss Wider Than Expected Despite Top-Line Growth

May 10, 2024, 1:47 PM EDT1 sourcesAI-analyzed

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Summary: - CCOI reported soft Q1 results, missing Zacks consensus estimates. - Revenues rose due to growth in Off-Net revenues but missed estimates. - Net-centric business saw healthy demand, offset by higher operating expenses. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • Summary:
  • CCOI reported soft Q1 results, missing Zacks consensus estimates.
  • Revenues rose due to growth in Off-Net revenues but missed estimates.
  • Net-centric business saw healthy demand, offset by higher operating expenses.

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