Cogent Communications reports revenue decline from Sprint acquisition
Statements (10)
- Bullish
Cogent Communications is likely to see its stock price rise due to the successful completion of the data center sale, which increases its cash reserves and operational flexibility.
- Bearish
Cogent Communications reported quarterly losses of 83 cents per share
- Neutral
Cogent Communications reported quarterly sales of $239.187 million
- Bearish
Cogent Communications reported consolidated revenue declines due to rapid moderation of acquired Sprint wireline customers, which decreased from 42% to 16% of total revenue since the acquisition.
- Bullish
Cogent Communications expects aggregate proceeds from the sale to be substantially more than $144 million
- Neutral
Cogent Comms Hldgs released its first-quarter earnings conference call transcript
- Bearish
Cogent Communications reported revenues of $240.5 million last quarter.
- Neutral
Cogent Communications will report earnings results this Monday morning.
- Bearish
Cogent Communications missed analysts' revenue expectations last quarter.
- Bearish
Cogent Communications revenue declined 4.7% year on year.