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Strategies & Market Trends : Befriend the Trend Trading

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From: Dr. Stoxx	5/7/2007 7:12:33 AM
	of 39683

07:06 CCOI Cogent Communications beats by $0.02, beats on revs; issues Q2, lowers Y07 EPS guidance (25.87 ) Reports Q1 (Mar) loss of $0.19 per share, $0.02 better than the Reuters Estimates consensus of ($0.21); revenues rose 26.7% year/year to $43.6 mln vs the $43.1 mln consensus. Co issues mixed guidance for Q2, sees EPS of -0.20-0.25 vs. -$0.17 consensus; sees Q2 revs of $45-46 mln vs. $45.74 mln consensus. Co lowers guidance for FY07, sees EPS of ($0.70-1.00) vs. -$0.63 consensus, down from previous of ($0.55-0.85); sees FY07 revs of $180-190 mln vs. $188.67 mln consensus.

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