Cogent Communications (CCOI) PT Lowered to $38 at Cowen Amid Light Gross Margins; Sees Better 2nd-Half

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Go back to Cogent Communications (CCOI) PT Lowered to $38 at Cowen Amid Light Gross Margins; Sees Better 2nd-Half

Cogent Communication (CCOI) Misses Q2 EPS by 5c; $50M Buyback

August 6, 2015 8:44 AM EDT

Cogent Communication (NASDAQ: CCOI) reported Q2 EPS of $0.02, $0.05 worse than the analyst estimate of $0.07. Revenue for the quarter came in at $98.8 million versus the consensus estimate of $99.12 million.

On August 5, 2015, Cogent's board approved a regular quarterly dividend of $0.34 per common share payable on September 11,... More