Loading...
•
Dec 31, 2019
Cogent Q4 2019 Earnings Report
Cogent reported an increase in service revenue and GAAP gross profit.
Key Takeaways
Cogent Communications announced its Q4 2019 results, with service revenue reaching $140.3 million, a 6.2% increase year-over-year. GAAP gross profit increased by 16.0% to $64.3 million. The Board approved a regular quarterly dividend of $0.66 per common share.
Service revenue increased by 6.2% year-over-year, reaching $140.3 million.
On-net revenue increased by 7.7% year-over-year, totaling $102.7 million.
GAAP gross profit increased by 16.0% year-over-year, amounting to $64.3 million.
The Board approved a quarterly dividend increase of 3.1% to $0.66 per share.
Revenue by Segment
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...