Exhibit 99.1 | --- | --- | |---------------------------|---------------------------------| | | FOR IMMEDIATE RELEASE | | Cogent Contacts: | | | For Public Relations: | For Investor Relations: | | Jocelyn Johnson | John Chang | | + 1 (202) 295-4299 | + 1 (202) 295-4212 | | jajohnson@cogentco.com | investor.relations@cogentco.com | Cogent Communications Reports Third Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock Financial and Business Highlights · Service revenue was $2 ...

Financial and Business Highlights Service revenue was $260.4 million for Q2 2024 and was $257.2 million for Q3 2024. Wavelength revenue increased by 45.8%, sequentially, and was $3.6 million for Q2 2024 and $5.3 million for Q3 2024. Revenue from leasing IPv4 addresses increased by 11.8%, sequentially, and was $11.5 million for Q2 2024 and $12.8 million for Q3 2024. EBITDA increased by 32.2% from Q2 2024 to $35.9 million for Q3 2024. EBITDA margin was 10.4% for Q2 2024 and 13.9% for Q3 2024. Net cash used ...

Wall Street analysts forecast that Cogent Communications (CCOI) will report quarterly loss of $1.34 per share in its upcoming release, pointing to a year-over-year decline of 18.6%. It is anticipated that revenues will amount to $260.33 million, exhibiting a decline of 5.5% compared to the year-ago quarter.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course ...

WASHINGTON, Oct. 22, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on November 7, 2024 to present Cogent's operating results for the third quarter of 2024 and answer questions. Cogent will issue a press release announcing the operating results at 7:00 a.m. (ET) on November 7, 2024. Participation is open to all parties and this call may be accessed as follows: Dial-in Numbers: 1-888-596-4144 for U.S. and Canadian callers 1-64 ...

WASHINGTON, Sept. 12, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc.("Cogent") (NASDAQ: CCOI), one of the largest Internet service providers in the world, today announced that Dave Schaeffer, Cogent's Chief Executive Officer, will present at the following conferences: The Deutsche Bank 32nd Annual Leveraged Finance Conference is being held at The Phoenician in Scottsdale, AZ. Dave Schaeffer will be presenting on Tuesday, September 24 at 2:55 p.m. PT. The RBC 2024 Global Communications Infrastruct ...

Have you evaluated the performance of Cogent Communications' (CCOI) international operations during the quarter that concluded in June 2024? Considering the extensive worldwide presence of this internet service provider, analyzing the patterns in international revenues is crucial for understanding its financial resilience and potential for growth. In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financ ...

Core Insights - Cogent Communications reported revenue of $260.44 million for Q2 2024, an 8.6% year-over-year increase, but missed the Zacks Consensus Estimate of $264.69 million by 1.61% [1] - The company posted an EPS of -$0.75, a decline from -$0.13 a year ago, but exceeded the consensus EPS estimate of -$1.31 by 42.75% [1] Revenue Metrics - Customer Connections - Off-net: 32,758, below the average estimate of 36,827 [3] - Customer Connections - Non-Core: 7,883, below the average estimate of 10,161 [4] - Customer Connections - On-net: 87,387, below the average estimate of 93,298 [5] - Customer Connections - Total: 128,782, below the average estimate of 140,286 [6] Geographic Revenue Breakdown - North America: $224.19 million, compared to the estimate of $227.61 million, reflecting a 9.3% year-over-year increase [7] - Africa: $0.16 million, below the estimate of $0.18 million, representing a 19.3% year-over-year decline [8] - Europe: $28.47 million, slightly above the estimate of $28.46 million, with a 4.6% year-over-year increase [9] - South America: $1.96 million, below the estimate of $1.99 million, showing a 5.6% year-over-year increase [10] Revenue Segmentation - Corporate Revenue: $119.56 million, below the average estimate of $123.30 million [11] - Revenue - Enterprise: $49.78 million, above the average estimate of $49.04 million [12] - Net-Centric Revenue: $91.11 million, slightly below the estimate of $92.26 million [13] - Revenue - Service Revenue - Non-Core: $4.61 million, below the average estimate of $5.69 million [14] Stock Performance - Cogent's shares have returned +14.7% over the past month, contrasting with the Zacks S&P 500 composite's -6.5% change [14]

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Q2 2024 Earnings Conference Call August 8, 2024 8:30 AM ET Company Participants Dave Schaeffer - Founder, Chairman, President and Chief Executive Officer Thaddeus Weed - VP, Treasurer and Chief Financial Officer Conference Call Participants Sebastiano Petti - JPMorgan Greg Williams - TD Cowen Walter Piecyk - LightShed Timothy Horan - Oppenheimer Frank Louthan - Raymond James James Schneider - Goldman Sachs Nick Del Deo - MoffettNathanson Bora Lee - RBC Capi ...

Cogent Communications Inc. (CCOI) reported mixed second-quarter 2024 results, with the bottom line surpassing the Zacks Consensus Estimate but the top line missing the same. The Washington, DC-based leading Internet service provider reported a top-line expansion year over year, driven by growth in net-centric and corporate business. However, it witnessed a decline in total customer connections during the quarter. Net Income The company reported a net loss of $32.3 million or a loss of 68 cents per share aga ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 000-51829 COGENT COMMUNICATIONS HOLDINGS, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 46-5706863 (State or Other Jurisdiction of Incorpora ...