CCOI FY 2023 Earnings — Cogent Communications Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOICogent Communications Holdings, Inc.

$1B

FY 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$941M+56.9% YoY

Gross Profit

$397M42.2% margin

Operating Income

-$129M-13.7% margin

Net Income

$1.3B135.3% margin

EPS (Diluted)

$26.62

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

-$112M

Stock-Based Comp.

$27M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$2.6B

Stockholders' Equity

$610M

Cash & Equivalents

$75M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$941M	$600M	+56.9%
Gross Profit	$397M	$371M	+6.8%
Operating Income	-$129M	$114M	-213.5%
Net Income	$1.3B	$5M	+24646.2%