Washington
Cogent: Q4 Earnings Snapshot
WASHINGTON — WASHINGTON — Cogent Communications Group Inc. (CCOI) on Thursday reported fourth-quarter profit of $200.2 million.
The Washington-based company said it had net income of $4.17 per share. Losses, adjusted for non-recurring gains, came to 16 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 95 cents per share.