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Cogent: 3Q Earnings Snapshot

WASHINGTON (AP) _ Cogent Communications Group Inc. (CCOI) on Thursday reported third-quarter profit of $8.2 million.

The Washington-based company said it had profit of 18 cents per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The internet service provider posted revenue of $130.1 million in the period, which did not meet Street forecasts. Seven analysts surveyed by Zacks expected $132.3 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