CCOI Q1 2022 Earnings — Cogent Communications Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOICogent Communications Holdings, Inc.

$1B

Q1 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$149M+1.6% YoY

Gross Profit

$92M61.5% margin

Operating Income

$29M19.3% margin

Net Income

$1M0.8% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$49M

Free Cash Flow

$31M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$970M

Total Liabilities

$1.4B

Stockholders' Equity

-$409M

Cash & Equivalents

$281M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$149M	$147M	+1.6%
Gross Profit	$92M	$90M	+2.3%
Operating Income	$29M	$26M	+9.5%
Net Income	$1M	$19M	-94.0%

Geographic Segments

North America

$86M77%

Europe

$21M19%

Asia Pacific

$3M3%

Latin America

$1M1%

Africa

$163,0000%