Cogent Communications NASDAQ: CCOI CEO Dave Schaeffer said the company has made progress integrating the former Sprint wireline business but acknowledged that revenue growth from its wavelength services and stabilization of the acquired customer base have fallen behind initial expectations.
Explore Cogent's (CCOI) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
CCOI beats Q2 earnings estimates despite a revenue miss as weakness in Sprint Wireline and off-net services offset growth in on-net and wavelength offerings.
Cogent Communications Holdings, Inc. (CCOI) Q2 2026 Earnings Call Transcript
The headline numbers for Cogent (CCOI) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cogent Communications NASDAQ: CCOI reported second-quarter 2026 revenue of $235.6 million, down $3.6 million, or 1.5%, sequentially, as declines in lower-margin off-net and acquired Sprint Wireline revenue continued to outweigh growth in on-net services and wavelength offerings.
Cogent Communications (CCOI) came out with a quarterly loss of $0.8 per share versus the Zacks Consensus Estimate of a loss of $1.12. This compares to a loss of $1.21 per share a year ago.
Cogent (CCOI) reported earnings 30 days ago. What's next for the stock?
Cogent Communications NASDAQ: CCOI Chief Executive Dave Schaeffer said the company's planned sale of 10 data centers to I Squared Capital is part of a broader effort to reduce leverage, address concerns around its 2027 notes and eventually restart a more aggressive return-of-capital program.
Cogent Communications NASDAQ: CCOI Founder and CEO Dave Schaeffer said the company remains focused on deleveraging, expanding margins and monetizing portions of its data center portfolio following its 2023 acquisition of Sprint's fiber assets.
Cogent Communications Holdings, Inc. (CCOI) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
Explore how Cogent's (CCOI) revenue from international markets is changing and the resulting impact on Wall Street's predictions and the stock's prospects.