Cogent Communications Hldgs In Stock Price, News & Analysis

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.

Cogent Communications (NASDAQ: CCOI) announced that CEO Dave Schaeffer and CFO Sean Wallace will participate in three upcoming virtual conferences. They will present at the KeyBanc 22nd Annual Technology Leadership Forum on August 9, 2021, at 12:40 p.m. ET, the Oppenheimer 24th Annual Technology, Internet & Communications Conference on August 10, 2021, at 10:45 a.m. ET, and the Cowen 7th Annual Communications Infrastructure Summit on August 12, 2021, at 10:50 a.m. ET. Interested parties can access live webcasts on Cogent’s website.

Cogent Communications Holdings (NASDAQ: CCOI) announces a conference call for August 5, 2021 at 8:30 a.m. ET, to discuss its Q2 2021 operating results. A press release will precede this call at 7:00 a.m. ET. The call is open to all and can be accessed via a U.S. dial-in number (1-800-668-4132) or international number (1-224-357-2196). A webcast will be available on the Cogent website and a replay will be accessible from August 5, 2021 through August 12, 2021.

Cogent Communications (NASDAQ: CCOI) announced that CEO Dave Schaeffer and CFO Sean Wallace will participate in the Credit Suisse 23rd Annual Communications Conference on June 14, 2021, at 11:55 a.m. ET. The conference will be held virtually, and interested parties can access a live audio webcast through the Events section of Cogent's website. A replay will be available for 90 days post-event. Cogent provides high-speed internet and private network services globally, operating in over 210 markets across 48 countries.

Cogent Communications (NASDAQ: CCOI), a leading Internet service provider, announced the participation of CEO Dave Schaeffer and CFO Sean Wallace in upcoming virtual conferences. They will present at the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference on May 24, 2021, at 2:00 p.m. ET, and at Cowen's 49th Annual TMT Conference on June 1, 2021, at 11:50 a.m. ET. A prerecorded presentation for the RBC Capital Markets Conference will also be available after May 25. Webcasts will be accessible on Cogent’s website.