Welcome to our dedicated page for Cogent Communications Hldgs In news (Ticker: CCOI), a resource for investors and traders seeking the latest updates and insights on Cogent Communications Hldgs In stock.
Cogent Communications Holdings, Inc. reports developments for a multinational, Tier 1 facilities-based Internet service provider that sells high-speed Internet access, Ethernet transport, private network and colocation services. Its all-optical IP network supports business customers, content providers, internet service providers and other bandwidth-intensive users across global markets.
Recurring company news centers on quarterly operating results, service revenue trends, on-net and net-centric activity, wavelength services, IPv4 address leasing and commercial or IP transit arrangements associated with its Sprint acquisition. Updates also include earnings calls, executive conference presentations and capital actions such as common stock buyback activity.
Cogent Communications (CCOI) announced a quarterly dividend increase of $0.025, raising it to $0.855 per share, effective March 25, 2022, marking the 38th consecutive increase. This represents a 13.2% annual growth from Q1 2021. For 2021, total dividends reached $150.3 million, with 79.3% classified as a return of capital for tax purposes. Despite a slight decline in service revenue of 0.5% QoQ, an increase of 3.8% YoY was noted. Operating cash flow grew 21.3% to $170.3 million, and EBITDA rose 6.5%, reflecting operational resilience amid ongoing pandemic challenges.
Cogent Communications, a major Internet service provider, announces participation in three upcoming conferences. CEO Dave Schaeffer will present at the Raymond James 43rd Annual Institutional Investors Conference on March 8th at 8:05 a.m. ET in Orlando, FL. CFO Sean Wallace will present at the KeyBanc Capital Markets Emerging Technology Summit on March 8th at 2:30 p.m. PT in San Francisco, CA, and at the Deutsche Bank 30th Annual Media, Internet & Telecom Conference on March 14th at 12:50 p.m. ET in Palm Beach, FL. Live webcasts will be available on Cogent’s website.
Cogent Communications (NASDAQ: CCOI) is scheduled to host a conference call on February 24, 2022, at 8:30 a.m. (ET) to discuss its operating results for the fourth quarter and full year of 2021. A press release will be issued at 7:00 a.m. (ET) on the same day. This event will be accessible via dial-in and also through a webcast on Cogent's website, remaining available until March 16, 2022. The call will allow for questions from participants.
Cogent Communications Holdings, a leading Internet service provider, announced that CEO Dave Schaeffer and CFO Sean Wallace will present at the Citi 2022 Apps Economy Virtual Conference on January 5, 2022, at 5:00 p.m. ET. Investors can access the live audio webcast via the Events section of Cogent's website, with a replay available for 90 days. Cogent, headquartered in Washington, D.C., offers low-cost, high-speed Internet and private network services in over 215 markets across 50 countries.
Cogent Communications (NASDAQ: CCOI) has announced the participation of CEO Dave Schaeffer and CFO Sean Wallace in three upcoming conferences. They will present at the BofA Securities 2021 Leveraged Finance Conference on November 30 at 7:30 a.m. ET, the Credit Suisse 25th Annual Technology Conference on December 1 at 8:45 a.m. MT, and the UBS 2021 Global TMT Conference on December 6 at 3:00 p.m. ET. Investors can access the live webcasts and replays of these events on Cogent's website.
Cogent Communications (CCOI) has announced a quarterly dividend increase of $0.025, raising the total to $0.830 per share for Q4 2021, marking the 37th consecutive quarterly increase. This represents a 13.7% annual increase compared to Q4 2020. Service revenue for Q3 2021 was $147.9 million, a 4.0% year-over-year growth, while GAAP gross profit increased by 3.8% to $68.7 million. The company lit its 3,000th on-net building and has seen a 5.1% increase in customer connections since last year. Net cash from operations was up 43.8% year-over-year, reaching $47.4 million.
Cogent Communications Holdings (NASDAQ: CCOI) is set to host a conference call to discuss its third quarter 2021 operating results on November 4, 2021, at 8:30 a.m. (ET). The results will be announced via a press release at 7:00 a.m. (ET). Participants can join the call by dialing 1-800-668-4132 for U.S. or 1-224-357-2196 for international callers. An audio webcast of the call will be available on the company’s website.
Cogent Communications (NASDAQ: CCOI) announced that CEO Dave Schaeffer and CFO Sean Wallace will participate in the Deutsche Bank 2021 Leveraged Finance Conference on October 5, 2021, at 1:15 p.m. ET. Interested investors can access a live audio webcast on Cogent's website, with a replay available for 30 days post-presentation. Cogent is a major provider of high-speed Internet and network services across 212 markets in 49 countries, focusing on bandwidth-intensive businesses.
Cogent Communications Holdings, trading as CCOI, announced participation in two upcoming virtual conferences. CEO Dave Schaeffer and CFO Sean Wallace will present at the Deutsche Bank 2021 Technology Conference on September 9, 2021, at 9:50 a.m. ET, and at the Goldman Sachs 30th Annual Communacopia Conference on September 21, 2021, at 1:15 p.m. ET. Live audio webcasts can be accessed through their website, with replays available for 90 days. Cogent is a provider of high-speed Internet access across 48 countries.
Cogent Communications announced a quarterly dividend increase of $0.025 per share to $0.805 for Q3 2021, marking the 36th consecutive increase and reflecting a 14.2% annual rise from Q3 2020. Service revenue for Q2 2021 reached $147.9 million, up 0.8% from Q1 2021 and 4.9% year-over-year. GAAP gross profit rose by 3.6% to $69.6 million, while EBITDA reached $57.2 million, up 7.2% from Q2 2020. However, net income per share was $(0.05). The company is affected by uncertainties linked to the ongoing COVID-19 pandemic.