Cogent(CCOI) - 2023 Q4 - Annual Results

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 ...