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Cogent Communications Holdings CCOI Q4 2024 Annual earnings

Reported February 27, 2025 · Before market open

Revenue$252.3MMiss by $8.6M
EPS-$0.91Beat by $0.31
Revenue estimate$260.9M
EPS estimate-$1.22

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$239.7M
EPS estimate-$0.97

Financials

Q4 2024

Income statement

See full
Revenue$252.3M-7.3%
Gross profit$97.1M-0.5%
Operating income-$33.2M+51.5%
Net income-$43.3M-122%
EPS (diluted)-$0.89-122%

Balance sheet

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Cash & equivalents$198.5M+164%
Total debt$918.8M-3.0%
Total equity$222.8M-63.4%
Total assets$3.2B-1.2%

Cash flow

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CapEx$46.1M+5.7%
Free cash flow-$31.6M+65.8%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$3.78B+4.9%
Enterprise value$4.5B+0.6%
P/S3.6×-0.2×

Profitability

See full
Gross margin38.1%-4.1pp
Operating margin-19.1%+12.1pp
Net margin-19.7%-155pp
FCF margin-19.7%+36.0pp

Returns & leverage

See full
Return on equity-49%
Debt / equity4.1×+2.6×
Current ratio1.9×+0.5×

Segments

By geography

See full
North America$215.0M-8.9%
Europe$29.3M+5.2%
Oceania$6.0M-0.8%
South America$1.9M-2.8%
Africa$141.0K-19.4%

By product

See full
On Net Services$128.8M-7.4%
Off Net Services$113.2M-8.2%
Wavelength Services$7.0M+548%
Non Core Services$3.4M-61.2%

Versus estimates

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Questions, answered.

When did Cogent Communications Holdings report Q4 2024 earnings?
Cogent Communications Holdings (CCOI) reported Q4 2024 earnings on February 27, 2025 before market open.
What were Cogent Communications Holdings's Q4 2024 revenue and EPS?
Cogent Communications Holdings reported revenue of $252.3M and eps of $-0.91 for Q4 2024.
Did Cogent Communications Holdings beat estimates in Q4 2024?
Revenue missed the consensus estimate of $260.9M by $8.6M. EPS beat the consensus estimate of $-1.22 by $0.31.
Where can I find Cogent Communications Holdings's Q4 2024 SEC filings?
You can read the 10-K periodic report (0001410578-25-000226) directly on SEC EDGAR. The filing index links above go to sec.gov.