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Cogent Communications Holdings, Inc. (NASDAQ: CCOI), a global leader in facilities-based internet services, provides investors and industry observers with critical updates through this centralized news hub. Track official press releases, strategic initiatives, and operational developments from the provider of high-speed connectivity solutions.
This resource aggregates essential updates including quarterly earnings reports, network infrastructure expansions, and enterprise partnership announcements. Users gain streamlined access to verified information about Cogent's optical IP network operations, colocation services advancements, and global market positioning.
Key content categories include corporate governance updates, technology deployment milestones, and regulatory filings. The curated collection serves as a reliable reference for monitoring the telecommunications provider's performance in serving both enterprise clients and net-centric organizations.
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Cogent Communications Holdings, Inc. (NASDAQ: CCOI) has announced it will host a conference call on August 8, 2024, at 8:30 a.m. ET to present its second quarter 2024 operating results. The company will issue a press release with the results at 7:00 a.m. ET on the same day. Investors and interested parties can access the call via phone or internet. The dial-in numbers are 1-888-596-4144 for U.S. and Canadian callers, and 1-646-968-2525 for international callers, using Conference ID 6641307. An audio webcast will be available on Cogent's website under the 'Events' section and will remain accessible until August 22, 2024. Cogent recommends callers dial in 15 minutes before the start of the call.
Cogent Communications announced a $300 million offering of 7.000% senior notes due 2027. These notes will be sold to qualified institutional buyers under Rule 144A and non-U.S. persons under Regulation S. Proceeds will be used to prepay an existing $125 million agreement and for general corporate purposes, including potential dividends. The new notes are similar to existing 7.00% senior notes but will not be fungible with them. There is no assurance of the notes' sale completion.
Cogent Communications reported service revenue of $266.2 million for Q1 2024, a decrease of 2.2% from Q4 2023. The company increased its regular quarterly dividend by $0.01 per share to $0.975 per share for Q2 2024, marking the forty-seventh consecutive quarterly dividend increase.
Cogent Communications Holdings, Inc. (NASDAQ: CCOI) announced that their CEO, Dave Schaeffer, will be presenting at three upcoming conferences in May 2024. This includes the 2024 MoffettNathanson Media & Communications Conference, the J.P. Morgan Global Technology, Media and Communications Conference, and the TD Cowen Technology, Media & Telcom Conference. Investors can access live audio webcasts of the presentations on Cogent's website.
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