Cogent (CCOI) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Cogent Communications (CCOI) reported $241.95 million in revenue for the quarter ended September 2025, representing a year-over-year decline of 5.9%. EPS of -$0.87 for the same period compares to -$1.33 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $245.64 million, representing a surprise of -1.5%. The company delivered an EPS surprise of +24.35%, with the consensus EPS estimate being -$1.15.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how Cogent performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:Customer Connections - On-net: 87,767 compared to the 88,481 average estimate based on three analysts.Customer Connections - Non-Core: 3,244 versus the three-analyst average estimate of 2,903.Customer Connections - Wavelengths: 1,750 versus the three-analyst average estimate of 1,836.Customer Connections - Total: 118,279 versus the three-analyst average estimate of 118,677.Customer Connections - Off-net: 25,518 versus the three-analyst average estimate of 26,113.Revenue- Corporate Revenue: $105.2 million versus $108.48 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -9.5% change.Revenue- Enterprise: $36.46 million versus $39.48 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -25.7% change.Revenue- Net-Centric Revenue: $100.29 million compared to the $97.69 million average estimate based on four analysts. The reported number represents a change of +9.2% year over year.Revenue- Wavelength: $10.18 million versus the three-analyst average estimate of $11.48 million. The reported number represents a year-over-year change of +92.5%.Revenue- Service revenue- Non-Core revenue: $1.39 million versus $2.26 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -66.4% change.Revenue- Service revenue- On-Net revenue: $135.27 million versus the two-analyst average estimate of $130.24 million. The reported number represents a year-over-year change of -0.9%.Revenue- Service revenue- Off-Net revenue: $95.11 million versus the two-analyst average estimate of $101.61 million. The reported number represents a year-over-year change of -14.5%.View all Key Company Metrics for Cogent here>>>Shares of Cogent have returned -10.1% over the past month versus the Zacks S&P 500 composite's +1.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cogent Communications Holdings, Inc. (CCOI): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks