(NASDAQ: CCOI) today announced service revenue of $129.3 million for the three months ended June 30, 2018, an increase of 7.9% from the three months ended June 30, 2017 and an increase of 0.5% from the three months ended March 31, 2018.
Cash flow from operations increased by 3.6% from Q1 2018 to Q2 2018 to $31.3 million and increased from Q2 2017 to Q2 2018 by 11.5%.GAAP gross profit increased by 9.9% from Q2 2017 to $54.7 million for Q2 2018 and GAAP gross margin increased by 80 basis points to 42.3% from Q2 2017 to Q2 2018.EBITDA increased by 4.1% from Q1 2018 to Q2 2018 to $45.9 million and increased from Q2 2017 to Q2 2018 by 14.5%.EBITDA margin increased by 120 basis points from Q1 2018 to 35.5% and increased by 200 basis points from Q2 2017.Service revenue increased by 0.5% from Q1 2018 to Q2 2018 to $129.3 million and increased from Q2 2017 to Q2 2018 by 7.9%.Service revenue, on a constant currency basis, increased by 1.1% from Q1 2018 to Q2 2018 and increased from Q2 2017 to Q2 2018 by 6.3%.
+ 1 (202) Communications Reports Second Quarter 2018 ResultsĪnd Increases Regular Quarterly Dividend on Common Stock
