CCOI Q4 2023 Earnings — Cogent Communications Holdings, Inc. Revenue & Financial Results | Market Cap Arena

CCOICogent Communications Holdings, Inc.

$1B

Q4 2023 Earnings

Communication Services Telecommunications Services

Income Statement

Revenue

$272M+79.0% YoY

Gross Profit

$98M35.9% margin

Operating Income

-$68M-25.2% margin

Net Income

$200M73.6% margin

EPS (Diluted)

$4.17

QoQ Revenue Growth

-1.2%

Cash Flow

Operating Cash Flow

-$49M

Free Cash Flow

-$92M

Stock-Based Comp.

$7M

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	$272M	$152M	+79.0%
Gross Profit	$98M	$95M	+2.7%
Operating Income	-$68M	$28M	-348.8%
Net Income	$200M	$852,000	+23392.1%

Geographic Segments

North America

$712M90%

Europe

$64M8%

Oceania

$14M2%

South America

$4M1%

Africa

$410,0000%