Cogent Comms Hldgs (NASDAQ:CCOI) reported its Q1 earnings results on Thursday, May 4, 2023 at 06:59 AM.
Here’s what investors need to know about the announcement.
Earnings
Cogent Comms Hldgs missed estimated earnings by 18.75%, reporting an EPS of $0.13 versus an estimate of $0.16.
Revenue was up $4.41 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.16 which was followed by a 1.31% increase in the share price the next day.
Here’s a look at Cogent Comms Hldgs’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.18 | 0.22 | 0.25 | 0.21 |
| EPS Actual | 0.02 | -0.17 | 0.24 | 0.02 |
| Revenue Estimate | 151.13M | 149.81M | 150.93M | 149.05M |
| Revenue Actual | 151.98M | 150.00M | 148.45M | 149.18M |
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.
