Cogent Communications Q4 Swings to Loss, Revenue Drops

MT Newswires Live

2025/02/27

Cogent Communications (CCOI) reported Q4 net loss Thursday of $0.91 per diluted share, swinging from earnings of $4.17 a year earlier.

Analysts polled by FactSet expected a loss of $1.21.

Service revenue for the quarter ended Dec. 31 was $252.3 million, from $272.1 million a year earlier.

Analysts surveyed by FactSet expected $258.2 million.

Shares were down nearly 1% in premarket activity.

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