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 ...

Under U.S. GAAP, these costs need to be reported as SG&A post-acquisition costs and correspondingly as a component of the bargain purchase gain, so no net P&L impact. And they are reflected as Sprint acquisition costs since they are directly tied to the acquisition, classified that way on our P&L. EBITDA as adjusted and EBITDA as adjusted margin. Our EBITDA as adjusted includes adjustments for Sprint acquisition costs and cash payments received under the $700 million IP Transit Services agreement with T-Mob ...

Cogent Communications (CCOI) reported $272.1 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 79%. EPS of -$0.16 for the same period compares to $0.03 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $275.82 million, representing a surprise of -1.35%. The company delivered an EPS surprise of +83.16%, with the consensus EPS estimate being -$0.95.While investors closely watch year-over-year changes in headline numbers -- revenue and e ...

Year Ended December 31, 2023 Compared to the Year Ended December 31, 2022 (2) Includes non-cash equity-based compensation expense of $25,855 and $23,886 for 2023 and 2022, respectively. Service Revenue. We continually work to grow our total service revenue by increasing the number of potential customers that we can reach on our network. We do this by investing capital to expand the geographic footprint of our network, increasing the number of buildings that we are connected to, including CNDC's and MTOB's, ...

Exhibit 99.1 Cogent Communications Reports Fourth Quarter and Full Year 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock · The gain on bargain purchase from the Sprint acquisition was $254.0 million for Q4 2023 and was $1.4 billion for full year 2023. o Included in the gain on bargain purchase in Q4 2023 and full year 2023 was the estimated fair value of acquired IPv4 internet addresses totaling $458.0 million. · Basic and fully diluted earnings per share for Q4 2023 were $4.23 ...

The market expects Cogent Communications (CCOI) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 29, 2024, might help the stock move higher if these ke ...

WASHINGTON, Feb. 7, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. ("Cogent") (NASDAQ: CCOI) will host a conference call at 8:30 a.m. (ET) on February 29, 2024 to present Cogent's operating results for the fourth quarter and full year of 2023 and answer questions. Cogent will issue a press release announcing the operating results at 7:00 a.m. (ET) on February 29, 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 ...

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