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Msg  111416 of 119127  at  5/3/2012 8:53:31 AM  by

waylonglvlt


Cogent ON NET Revenues Continues Hurting Affecting Margins Negatively!

 Cogent Communications Group, Inc. (CCOI) today announced service revenue of $76.9 million for the three months ended March 31, 2012, a decrease of 2.8% from $79.1 million for the three months ended December 31, 2011 and an increase of 4.7% over $73.5 million for the three months ended March 31, 2011. 

(Logo: http://photos.prnewswire.com/prnh/20020204/DCM032LOGO )

On-net revenue was $56.8 million for the three months ended March 31, 2012, a decrease of 4.7% from $59.5 million for the three months ended December 31, 2011.  On-net revenue was $56.8 million for the three months ended March 31, 2011. On-net service is provided to customers located in buildings that are physically connected to Cogent's network by Cogent facilities.



 
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