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Cogent (CCOI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
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Cogent Communications (CCOI - Free Report) reported $247.05 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 7.2%. EPS of -$1.09 for the same period compares to -$1.29 a year ago.
The reported revenue represents a surprise of -1.25% over the Zacks Consensus Estimate of $250.18 million. With the consensus EPS estimate being -$1.05, the EPS surprise was -3.81%.
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 - Total: 120,731 compared to the 124,494 average estimate based on three analysts.
Customer Connections - On-net: 86,781 compared to the 87,842 average estimate based on three analysts.
Customer Connections - Off-net: 27,508 compared to the 30,698 average estimate based on three analysts.
Customer Connections - Non-Core: 5,120 versus 5,576 estimated by three analysts on average.
Total On-Net buildings: 3,500 compared to the 3,481 average estimate based on two analysts.
Corporate Revenue: $110.69 million compared to the $111.50 million average estimate based on four analysts. The reported number represents a change of -11.4% year over year.
Revenue- Enterprise: $43.75 million versus $44.93 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -11.3% change.
Net-Centric Revenue: $92.62 million versus $93.76 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.7% change.
Revenue- Wavelength: $7.12 million versus $8.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +114% change.
Revenue- Service revenue- Non-Core revenue: $3.03 million compared to the $3.58 million average estimate based on two analysts. The reported number represents a change of -49.9% year over year.
Revenue- Service revenue- On-Net revenue: $129.63 million versus the two-analyst average estimate of $130.42 million. The reported number represents a year-over-year change of -6.5%.
Revenue- Service revenue- Off-Net revenue: $107.27 million versus the two-analyst average estimate of $108.95 million. The reported number represents a year-over-year change of -9.2%.
Shares of Cogent have returned -1.2% over the past month versus the Zacks S&P 500 composite's +11.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Cogent (CCOI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Cogent Communications (CCOI - Free Report) reported $247.05 million in revenue for the quarter ended March 2025, representing a year-over-year decline of 7.2%. EPS of -$1.09 for the same period compares to -$1.29 a year ago.
The reported revenue represents a surprise of -1.25% over the Zacks Consensus Estimate of $250.18 million. With the consensus EPS estimate being -$1.05, the EPS surprise was -3.81%.
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 - Total: 120,731 compared to the 124,494 average estimate based on three analysts.
- Customer Connections - On-net: 86,781 compared to the 87,842 average estimate based on three analysts.
- Customer Connections - Off-net: 27,508 compared to the 30,698 average estimate based on three analysts.
- Customer Connections - Non-Core: 5,120 versus 5,576 estimated by three analysts on average.
- Total On-Net buildings: 3,500 compared to the 3,481 average estimate based on two analysts.
- Corporate Revenue: $110.69 million compared to the $111.50 million average estimate based on four analysts. The reported number represents a change of -11.4% year over year.
- Revenue- Enterprise: $43.75 million versus $44.93 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -11.3% change.
- Net-Centric Revenue: $92.62 million versus $93.76 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +0.7% change.
- Revenue- Wavelength: $7.12 million versus $8.03 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +114% change.
- Revenue- Service revenue- Non-Core revenue: $3.03 million compared to the $3.58 million average estimate based on two analysts. The reported number represents a change of -49.9% year over year.
- Revenue- Service revenue- On-Net revenue: $129.63 million versus the two-analyst average estimate of $130.42 million. The reported number represents a year-over-year change of -6.5%.
- Revenue- Service revenue- Off-Net revenue: $107.27 million versus the two-analyst average estimate of $108.95 million. The reported number represents a year-over-year change of -9.2%.
View all Key Company Metrics for Cogent here>>>Shares of Cogent have returned -1.2% over the past month versus the Zacks S&P 500 composite's +11.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.