Cogent Communications Holdings

Cogent Communications Holdings, Inc. engages in the provision of Internet access and Internet Protocol (IP) communications solutions. It offers Internet access and data transport through its fiber optic, IP data-only network, ethernet transport, and colocation services. The company was founded by David Schaeffer in August 1999 and is headquartered in Washington, DC.

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Earnings data Q4 2024

Cogent Communications reports revenue growth, eyes Sprint merger benefits

Cogent Communications Holdings reported strong revenue growth in Q4 and full-year 2022, with a focus on expanding NetCentric business.
Anticipated merger with Sprint T-Mobile wireline business offers significant revenue potential post-closing.
Challenges include sales force productivity impact, leverage increase, and slow corporate sales rebound post-pandemic.
Opportunities lie in returning to normalized growth rates, leveraging cash payments for debt reduction, and expanding NetCentric business.

Cogent Communications reports revenue growth and strategic acquisitions in Q1

Cogent Communications Holdings (CCOI) demonstrated revenue growth in Q1 2023, driven by the NetCentric business and the successful acquisition of Sprint Global Markets Group.
While facing challenges in the corporate segment's recovery post-pandemic, the company remains focused on growth opportunities through pricing strategies and market share gains.
With a strategic vision for long-term growth post-acquisition, Cogent Communications Holdings aims to enhance shareholder value and financial performance through operational improvements.
The company's resilience to economic downturns and commitment to transparent financial reporting position it well for sustained growth and profitability in the telecommunications sector.

Cogent Communications reports record EBITDA and revenue growth

Cogent Communications Holdings achieved robust financial performance with record EBITDA and significant revenue growth.
The acquisition of Sprint Wireline Business presents opportunities for cost savings, revenue expansion, and product diversification.
Challenges include managing leverage, pricing dynamics, and asset monetization strategies for sustained growth.

Cogent Communications reports record Q3 earnings and eyes 400 gig growth

Cogent Communications Holdings delivered a robust performance in Q3 2023, driven by the successful Sprint business acquisition and strong revenue growth. While facing challenges related to customer cost-sensitivity and port speed transitions, the company's strategic focus on large enterprise customers and cost-saving initiatives positions it for continued success. With opportunities in expanding wavelength services and reducing cross-connect costs, Cogent is poised for future growth.

Cogent Communications reports robust Q4 earnings amidst operational challenges

Cogent Communications demonstrated strong financial performance with revenue growth and cost savings from the Sprint acquisition.
While facing challenges in sales productivity and EBITDA decline, the company is focused on leveraging synergies and expanding service offerings.
Opportunities lie in cross-selling initiatives, optimizing asset value, and enhancing network operations for future growth.
Overall, Cogent's strategic acquisitions and operational improvements position it for continued growth and profitability.

Cogent Communications reports robust Q1 earnings amidst integration challenges

Cogent Communications Holdings delivered strong financial performance in Q1 2024, with revenue growth, margin improvement, and operational efficiencies.
While facing integration challenges and accounting complexities, the company is focused on optimizing operations and exploring revenue diversification opportunities.
With a solid IPV4 revenue stream, plans for business expansion, and ongoing synergy realization, Cogent Communications shows resilience and growth potential.
Investors should monitor the company's progress in addressing challenges, leveraging strengths, and capitalizing on growth opportunities for long-term value creation.

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Review Cogent's (CCOI) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.

Cogent (CCOI) International Revenue Performance Explored

WASHINGTON , Nov. 11, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conference: The RBC Capital Markets 2024 Global TIMT Conference is being held at the InterContinental New York Barclay. Dave Schaeffer will be presenting on Wednesday, November 20th at 9:20 a.m.

Cogent Communications CEO to Present at an Upcoming Conference

CCOI reports a top-line decline year over year owing to decreasing customer connections. Healthy growth in wavelength sales is a positive.

Cogent's Q3 Loss Narrower Than Expected, Revenues Down Y/Y

Cogent Communications Holdings, Inc. (NASDAQ:CCOI ) Q3 2024 Earnings Conference Call November 7, 2024 8:30 AM ET Company Participants Dave Schaeffer – Founder and Chief Executive Officer Tad Weed – Chief Financial Officer Conference Call Participants Jim Schneider – Goldman Sachs Greg Williams – TD Cowen David Barden – Bank of America Walter Piecyk – BTIG Michael Rollins – Citi Nick Del Deo – MoffettNathanson Tim Horan – Oppenheimer Operator Good morning and welcome to Cogent Communications Holdings Third Quarter 2024 Earnings Conference Call. As a reminder, this conference call is being recorded and it will be available for replay at www.cogentco.com that is www.cogentco.com.

Cogent Communications Holdings, Inc. (CCOI) Q3 2024 Earnings Call Transcript

Although the revenue and EPS for Cogent (CCOI) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, Cogent (CCOI) Q3 Earnings: A Look at Key Metrics

Cogent Communications (CCOI) came out with a quarterly loss of $1.33 per share versus the Zacks Consensus Estimate of a loss of $1.34. This compares to loss of $1.13 per share a year ago.

Cogent Communications (CCOI) Reports Q3 Loss, Misses Revenue Estimates

Financial and Business Highlights Service revenue was $260.4 million for Q2 2024 and was $257.2 million for Q3 2024. Wavelength revenue increased by 45.8%, sequentially, and was $3.6 million for Q2 2024 and $5.3 million for Q3 2024.

Cogent Communications Reports Third Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock

Evaluate the expected performance of Cogent (CCOI) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Seeking Clues to Cogent (CCOI) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics

WASHINGTON , Oct. 22, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on November 7, 2024 to present Cogent's operating results for the third quarter of 2024 and answer questions.

Cogent Communications to Host Third Quarter 2024 Earnings Call on November 7, 2024

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WASHINGTON , Sept. 12, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conferences: The Deutsche Bank 32nd Annual Leveraged Finance Conference is being held at The Phoenician in Scottsdale, AZ.

Cogent Communications CEO to Present at Two Upcoming Conferences

WASHINGTON , Aug. 22, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conferences: The Citi 2024 Global TMT Conference is being held at the Lotte New York Palace in New York, NY. Dave Schaeffer will be presenting on Wednesday, September 4 at 1:20 p.m.

Cogent Communications CEO to Present at Three Upcoming Conferences

On Monday, Cogent Communications Holdings Inc CCOI received a price target increase from Citigroup analyst Michael Rollins.

Cogent Communications Faces Setback: Analyst Downgrades Stock Due To Delayed Growth

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Cogent Communications To Rally Around 12%? Here Are 10 Top Analyst Forecasts For Monday

Examine Cogent's (CCOI) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

Interpreting Cogent (CCOI) International Revenue Trends

While the top- and bottom-line numbers for Cogent (CCOI) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Cogent (CCOI) Q2 Earnings: A Look at Key Metrics

Despite a decline in total customer connections, Cogent (CCOI) reports a top-line improvement year over year, driven by net sales growth in net-centric and corporate business.

Cogent (CCOI) Q2 Loss Narrower Than Expected, Revenues Up Y/Y

Cogent Communications (CCOI) came out with a quarterly loss of $0.75 per share versus the Zacks Consensus Estimate of a loss of $1.31. This compares to loss of $0.13 per share a year ago.

Cogent Communications (CCOI) Reports Q2 Loss, Misses Revenue Estimates

Financial and Business Highlights Service revenue was $239.8 million for Q2 2023 and was $260.4 million for Q2 2024. EBITDA margin was 6.9% for Q1 2024 and 10.4% for Q2 2024.

Cogent Communications Reports Second Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock

Besides Wall Street's top -and-bottom-line estimates for Cogent (CCOI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Cogent (CCOI) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

WASHINGTON , Aug. 1, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced a change in the webcast information for the following conference at which Dave Schaeffer, Cogent's Chief Executive Officer, will present: The BofA SMID Cap Conference is being held virtually. Dave Schaeffer will be presenting on Tuesday, August 6th at 2:00 p.m.

Webcast Change for Cogent Communications CEO's Presentation at an Upcoming Conference

WASHINGTON , July 25, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conferences: The KeyBanc Capital Markets Technology Leadership Forum is being held in Vail, CO. Dave Schaeffer will be presenting on Monday, August 5th at 11:00 a.m.

Cogent Communications CEO to Present at Four Upcoming Conferences

WASHINGTON , July 17, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on August 8, 2024 to present Cogent's operating results for the second quarter of 2024 and answer questions.

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