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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.
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Cogent Communications (NASDAQ: CCOI) announced the schedule for its Q1 2021 operating results. The press release will be issued on April 28, 2021 at 5:20 p.m. ET, followed by a conference call on April 29, 2021, at 8:30 a.m. ET. Callers can join via a dedicated number or web access. Cogent is a provider of low cost, high speed Internet and private network services across 210 markets in 48 countries. Forward-looking statements in the release highlight potential risks and uncertainties regarding future performance.
Cogent Communications Holdings (NASDAQ: CCOI) will host a conference call on April 29, 2021, at 8:30 a.m. ET, to discuss its first-quarter operating results. A press release with the results will be issued at 7:00 a.m. ET on the same day. The call is open to all participants and can be accessed via a U.S. dial-in number (1-800-668-4132) or an international number (1-224-357-2196). An audio webcast will also be available on Cogent's website and will remain up until May 19, 2021.
Cogent Communications Holdings (NASDAQ: CCOI) announced that CEO Dave Schaeffer and CFO Sean Wallace will present in two upcoming virtual conferences. The first is the Deutsche Bank 29th Annual Media, Internet & Telecom Conference on March 8, 2021 at 11:00 a.m. ET. The second is the 2021 Truist Securities Technology, Internet & Services Conference on March 9, 2021 at 3:30 p.m. ET. Interested parties can access live audio webcasts on Cogent's website, with replays available for 90 days. Cogent provides low-cost, high-speed Internet access across 47 countries.
Cogent Communications (NASDAQ: CCOI) has announced a quarterly dividend increase to $0.755 per share for Q1 2021, marking its thirty-fourth consecutive rise. This represents a 3.4% increase from Q4 2020 and a 14.4% annual increase from Q1 2020. For the full year 2020, service revenue was $568.1 million, a 4.0% increase year-over-year. GAAP gross profit for Q4 2020 was $66.6 million, up 3.6% from Q4 2019. However, net cash provided by operations decreased from $148.8 million in 2019 to $140.3 million in 2020, indicating potential cash flow concerns amidst ongoing challenges from the COVID-19 pandemic.
Cogent Communications (NASDAQ: CCOI) announced that its CEO, Dave Schaeffer, and CFO, Sean Wallace, will present at two upcoming virtual conferences. The KeyBanc 16th Annual Emerging Technology Summit is scheduled for February 23, 2021, at 3:25 p.m. ET, while the Raymond James 42nd Annual Institutional Investors Conference will take place on March 2, 2021, at 4:40 p.m. ET. Interested parties can access live audio webcasts on Cogent's website, with replays available for 90 days.
Cogent Communications (NASDAQ: CCOI) is set to host a conference call on February 25, 2021, at 8:30 a.m. ET to discuss its operating results for Q4 and full year 2020. A press release detailing these results will be issued earlier that day at 7:00 a.m. ET. The conference call is accessible via a dedicated U.S. dial-in number and an international dial-in option. An audio webcast will also be available on Cogent's website and will remain accessible until March 17, 2021. This call invites participation from interested parties.
Cogent Communications (NASDAQ: CCOI) announced that CEO Dave Schaeffer and CFO Sean Wallace will participate in the Citi 2020 Global TMT West Virtual Conference on January 5, 2021, at 3:00 p.m. ET. Investors can access a live audio webcast of the presentation from Cogent's website, with a replay available for 90 days. Cogent is a leading provider of low-cost, high-speed Internet access, operating in over 207 markets across 47 countries. For more information, visit www.cogentco.com.
Cogent Communications (NASDAQ: CCOI) announced its participation in four upcoming virtual conferences. CEO Dave Schaeffer and CFO Sean Wallace will present at:
- Credit Suisse 24th Annual Technology Conference on November 30 at 3:00 p.m. ET.
- Bank of America Merrill Lynch 2020 Leverage Finance/Credit Conference on December 1 at 5:15 p.m. ET.
- Wells Fargo TMT Summit 2020 on December 2 at 8:40 a.m. ET.
- UBS Global TMT Conference on December 7 at 2:50 p.m. ET.
Live audio webcasts are available on Cogent's website.
Cogent Communications Holdings (NASDAQ: CCOI) announced the participation of CEO Dave Schaeffer and CFO Sean Wallace in the virtual Bernstein Operational Decisions Conference on November 16 at 1:30 p.m. ET. Investors can access a live audio webcast through the company's website. The webcast will remain available for replay for one year. Cogent is a low-cost, high-speed internet service provider operating in over 207 markets across 47 countries.
Cogent Communications (CCOI) has announced a quarterly dividend increase of $0.025 to $0.730 per share for Q4 2020, marking the thirty-third consecutive increase and a 14.1% rise from Q4 2019's dividend. Service revenue for Q3 2020 reached $142.3 million, up 0.9% sequentially and 3.9% year-over-year. Gross profit also saw a significant increase, with GAAP gross profit rising to $66.2 million (up 7.3% YOY) and EBITDA climbing by 8.1% to $54.6 million. However, the impact of COVID-19 continues to pose risks to sales productivity and customer demand.