Cogent Communications reported a quarterly loss of $0.80 per share, improving versus the Zacks Consensus Estimate loss of $1.12 (and versus a $1.21 loss a year ago). The smaller-than-expected loss is a modest positive surprise, though the company remains loss-making. Overall, this is likely to move the stock modestly based on earnings/expectations.
Cogent Communications reported a quarterly loss of $0.80 per share, improving versus the Zacks Consensus Estimate loss of $1.12 (and versus a $1.21 loss a year ago). The smaller-than-expected loss is a modest positive surprise, though the company remains loss-making. Overall, this is likely to move the stock modestly based on earnings/expectations.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
Ticker Sentiment
