Have you evaluated the performance of Cogent Communications' (CCOI) international operations for the quarter ending March 2024? Given the extensive global presence of this internet service provider, analyzing the patterns in international revenues is crucial for understanding its financial strength and potential for growth.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has bec ...

Cogent Communications Holdings, Inc. (CCOI) reported soft first-quarter 2024 results, with both the bottom and top lines falling short of the respective Zacks Consensus Estimate. However, the Washington, DC-based leading Internet service provider reported a top-line expansion year over year, driven by solid demand trends in the net-centric business.Net IncomeThe company reported a net loss of $65.3 million or a loss of $1.38 per share against a net income of $6.1 million or 13 cents per share in the year-ag ...

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Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Q1 2024 Earnings Conference Call May 9, 2024 8:30 AM ET Company Participants Dave Schaeffer - CEO Thaddeus Weed - CFO Conference Call Participants Sebastian Petti - JPMorgan Greg Williams - TD Cowen David Barden - Bank of America Frank Louthan - Raymond James Walter Piecyk - LightShed Ventures Michael Rollins - Citi Nick Del Deo - MoffettNathanson Operator Good morning, and welcome to the Cogent Communications Holdings First Quarter 2024 Earnings Conference ...

The Company operates as one operating segment. The Company's service revenue by geographic region and product class and long-lived assets by geographic region are as follows (in thousands): | --- | --- | --- | --- | --- | --- | --- | --- | |--------------------------------------------------------------------------|---------------------|----------------------|-------|-----------------------|------------|--------------------|---------------------| | Three Months Ended March 31, 2024 Revenues \nNorth America | ...

For the quarter ended March 2024, Cogent Communications (CCOI) reported revenue of $266.17 million, up 73.3% over the same period last year. EPS came in at -$1.29, compared to $0.13 in the year-ago quarter.The reported revenue represents a surprise of -2.90% over the Zacks Consensus Estimate of $274.13 million. With the consensus EPS estimate being -$1.10, the EPS surprise was -17.27%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to ...

Cogent Communications (CCOI) came out with a quarterly loss of $1.29 per share versus the Zacks Consensus Estimate of a loss of $1.10. This compares to earnings of $0.13 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -17.27%. A quarter ago, it was expected that this internet service provider would post a loss of $0.95 per share when it actually produced a loss of $0.16, delivering a surprise of 83.16%.Over the last four quart ...

About Cogent Communications Quarterly Dividend Increase Approved On May 8, 2024, Cogent's Board approved a regular quarterly dividend of $0.975 per share payable on June 7, 2024 to shareholders of record on May 23, 2024. This second quarter 2024 regular dividend represents an increase of $0.01 per share, or 1.0%, from the first quarter 2024 regular dividend of $0.965 per share and an annual increase of 4.3% from the second quarter 2023 dividend of $0.935 per share. Additionally, on the closing date of the S ...

WASHINGTON, May 1, 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 2024 MoffettNathanson Media & Communications Conference is being held at the Hilton Midtown in New York, NY. Dave Schaeffer will be presenting on Wednesday, May 15th at 11:00 a.m. ET. The 52nd Annual J.P. Morgan Global Technology, ...

Cogent Communications Holdings, Inc. (CCOI) reported mixed fourth-quarter 2023 results, with the bottom line surpassing the Zacks Consensus Estimate but the top line missing the same. However, the Washington, DC-based leading Internet service provider reported a top-line expansion year over year, driven by solid demand trends in Corporate and NetCentric business.Net IncomeThe company reported a net income of $200.2 million or $4.17 per share compared with $851 million or 2 cents per share in the year ago qu ...