Cogent Communications Hldgs In Stock Price, News & Analysis

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Cogent Communications (NASDAQ: CCOI), a leading Internet service provider, announced that CEO Dave Schaeffer will present at three upcoming conferences. These include the Goldman Sachs Seventh Annual Leverage Finance and Credit Conference on May 12 at 11:20 a.m. PT in Rancho Palos Verdes, CA, the Ninth Annual MoffettNathanson Media & Communications Summit virtually on May 18 at 12:00 p.m. ET, and the J.P. Morgan 50th Annual Global Technology, Media and Communications Conference on May 23 at 3:10 p.m. ET in Boston, MA. Investors can access live webcasts on Cogent's website.

Cogent Communications (CCOI) announced a quarterly dividend increase to $0.880 per share for Q2 2022, marking a 12.8% rise from Q2 2021 and the 39th consecutive quarterly increase. Service revenue reached $149.2 million, up 1.3% from Q4 2021, with a 1.6% year-over-year growth. Operating cash flow improved by 37.3% to $49.4 million. However, net income per share dropped to $0.02 compared to $0.41 a year earlier. The company navigates challenges due to COVID-19, affecting operations and potential customer dynamics.

Cogent Communications Holdings (NASDAQ: CCOI) has rescheduled its press release for Q1 2022 operating results to 4:15 p.m. ET on April 29, 2022. The previously announced conference call for discussing these results remains unchanged, set for 8:30 a.m. ET on May 5, 2022. Interested parties can join via dial-in or through an audio webcast available on Cogent's website until May 19, 2022. Cogent is a provider of low-cost, high-speed Internet services across 216 markets in 50 countries.

Cogent Communications (NASDAQ: CCOI) will host a conference call at 8:30 a.m. ET on May 5, 2022, to discuss its first-quarter operating results. The results will be released via a press release at 7:00 a.m. ET the same day. Participation details include dial-in numbers for U.S. (1-866-374-5140) and international callers (1-404-400-0571), both using PIN 78490912#. An audio webcast will also be available on Cogent's website. Cogent is a provider of low-cost, high-speed internet access and private network services operating in 216 markets across 50 countries.

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.