CCOI Q3 2022 Earnings — Cogent Communications Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOICogent Communications Holdings, Inc.

$1B

Q3 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$150M+1.4% YoY

Gross Profit

$93M61.9% margin

Operating Income

$28M18.7% margin

Net Income

-$8M-5.3% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$54M

Free Cash Flow

$30M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$1.5B

Stockholders' Equity

-$492M

Cash & Equivalents

$269M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$148M	+1.4%
Gross Profit	$93M	$91M	+1.6%
Operating Income	$28M	$29M	-1.6%
Net Income	-$8M	$13M	-160.1%

Geographic Segments

North America

$88M78%

Europe

$20M18%

Asia Pacific

$4M3%

Latin America

$1M1%

Africa

$180,0000%