Cogent Communications Reports First Quarter Results and Increases its Regular Quarterly Dividend on its Common Stock

Financial and Business Highlights Service revenue was $247.0 million for Q1 2025 and was $252.3 million for Q4 2024. Revenue from leasing IPv4 addresses increased by 14.8%, from Q4 2024 and increased by 42.0% from Q1- 2024. Revenue from leasing IPv4 addresses was $14.4 million for Q1 2025, $12.6 million for Q4 2024 and $10.2 million for Q1 2024. Wavelength revenue increased by 2.2%, sequentially, and increased by 114.0% from Q1- 2024 and was $7.1 million for Q1 2025, $7.0 million for Q4 2024 and $3.3 milli ...