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Cogent: 2Q Earnings Snapshot

WASHINGTON (AP) _ Cogent Communications Group Inc. (CCOI) on Thursday reported second-quarter earnings of $6.6 million.

The Washington-based company said it had net income of 14 cents per share.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 18 cents per share.

The internet service provider posted revenue of $129.3 million in the period, also missing Street forecasts. Eight analysts surveyed by Zacks expected $131.2 million.

Cogent shares have climbed 16 percent since the beginning of the year.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CCOI at https://www.zacks.com/ap/CCOI