CCOI Q2 2022 Earnings — Cogent Communications Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOICogent Communications Holdings, Inc.

$1B

Q2 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$148M+0.4% YoY

Gross Profit

$92M61.9% margin

Operating Income

$30M19.9% margin

Net Income

$11M7.5% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

-0.5%

Cash Flow

Operating Cash Flow

$34M

Free Cash Flow

$17M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$1.5B

Stockholders' Equity

-$440M

Cash & Equivalents

$312M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$148M	+0.4%
Gross Profit	$92M	$92M	+0.3%
Operating Income	$30M	$28M	+4.8%
Net Income	$11M	-$2M	+547.8%

Geographic Segments

North America

$87M77%

Europe

$20M18%

Asia Pacific

$3M3%

Latin America

$1M1%

Africa

$180,0000%