Cogent(CCOI)

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Buffett's Understudies: 3 Stocks The Oracle's Protégés Are Betting Big On
InvestorPlace· 2024-05-10 16:32
After Charlie Munger’s passing, investors began increasing speculation about Warren Buffett and Berkshire Hathaway’s (NYSE:BRK-A, NYSE:BRK-B) succession plan. Buffett’s top two protégés are reported to be increasingly contributing to Berkshire’s investment execution, but their specific investment strategies or moves tend to be concealed within Berkshire’s more comprehensive reporting; i.e., there’s no annotation within any SEC filings stating which investment officer executed which trade.Still, we can look ...
Cogent(CCOI) - 2024 Q1 - Earnings Call Transcript
2024-05-09 21:19
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 ...
Cogent(CCOI) - 2024 Q1 - Quarterly Report
2024-05-09 16:28
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 | ...
Cogent (CCOI) Reports Q1 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-09 15:01
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) Reports Q1 Loss, Lags Revenue Estimates
Zacks Investment Research· 2024-05-09 13:10
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 ...
Cogent(CCOI) - 2024 Q1 - Quarterly Results
2024-05-09 11:15
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 ...
Cogent Communications CEO to Present at Three Upcoming Conferences
Prnewswire· 2024-05-01 13:00
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 (CCOI) Q4 Loss Narrower Than Expected, Top Line Up Y/Y
Zacks Investment Research· 2024-03-01 16:31
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 ...
Cogent(CCOI) - 2023 Q4 - Earnings Call Transcript
2024-02-29 20:46
Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Q4 2023 Earnings Conference Call February 29, 2024 8:30 AM ET Company Participants Dave Schaeffer - Chief Executive Officer Thaddeus Weed - Chief Financial Officer Conference Call Participants Anton Rinnert - Cowen Alex Waters - Bank of America Walter Piecyk - LightShed Ventures Nick Del Deo - MoffettNathanson Tim Horan - Oppenheimer Michael Rollins - Citi Bora Lee - RBC Capital Markets Brandon Nispel - KeyBanc Capital Markets Operator Good morning, and wel ...
Compared to Estimates, Cogent (CCOI) Q4 Earnings: A Look at Key Metrics
Zacks Investment Research· 2024-02-29 15:36
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 ...