CCOI Q4 2022 Earnings — Cogent Communications Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOICogent Communications Holdings, Inc.

$1B

Q4 2022 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$152M+3.2% YoY

Gross Profit

$95M62.5% margin

Operating Income

$28M18.1% margin

Net Income

$852,0000.6% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$36M

Free Cash Flow

$17M

Stock-Based Comp.

$6M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$1.5B

Stockholders' Equity

-$519M

Cash & Equivalents

$224M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$152M	$147M	+3.2%
Gross Profit	$95M	$91M	+4.6%
Operating Income	$28M	$36M	-23.9%
Net Income	$852,000	$19M	-95.4%

Geographic Segments

North America

$89M81%

Europe

$21M19%

Africa

$204,0000%