Cogent Communications

Cogent Communications

  • kundenlogin
  • |
  • support
  • |
  • site map
  • Produkte & Dienste
      • Internet
          • Dedizierter Internetzugang
          • IP Transit
          • Global Peer Connect
      • VPN
          • Ethernet Dienste
          • SD-WAN
      • Colocation
          • Cogent Data Centers
          • Utility Computing
  • Lösungen
      • Lösungen für Kleinunternehmen & Mittelstand
      • Lösungen für Grossunternehmen
      • Lösungen für Netzbetreiber & Diensteanbieter
      • Lösungen für Content- & Application-Provider
      • Erfolgsgeschichten
  • Netzwerk
      • Netzkarte
      • Cogent Standorte
      • Performance & Tools
      • Cogent Angebundene Gebäude
      • Cogent Data Centers
      • Carrier-Neutrale Data Center
  • Über Cogent
      • Übersicht
      • Pressemitteilungen
      • Veranstaltungen
      • CogentLive
      • In den Medien
      • Karrieren
      • Investor Relations
          • Financials
          • Governance
          • Resources
          • Information Request
          • Reports
      • Unternehmerische Verantwortung
          • Our People
          • Our Environment
          • Our Network
  • Kundenservice
  • Büros
      • Amerika
      • Europa
      • Asien
  • Home | 
  • Über Cogent | 
  • Investor Relations

Investor Relations

Q2 2023 Financial Highlights

  • On May 1, 2023 Cogent completed its acquisition of the U.S. long-haul fiber network (including the non-U.S. extensions thereof) of the wireline business of Sprint Communications and its subsidiaries (“Sprint”, or the “Wireline Business”) from T-Mobile (TMUS).
  • Cogent approved an increase of $0.01 per share to its regular quarterly dividend for a total of $0.945 per share for Q3 2023 as compared to $0.935 per share for Q2 2023 – Cogent’s forty-fourth consecutive quarterly dividend increase.
    • The Q3 2023 $0.945 dividend per share represents an annual increase of 4.4% from the dividend per share of $0.905 for Q3 2022.
  • Service revenue increased from Q1 2023 to Q2 2023 by 56.1% to $239.8 million and increased from Q2 2022 to Q2 2023 by 61.5%.
    • Service revenue, on a constant currency basis, increased from Q1 2023 to Q2 2023 by 55.9% and increased from Q2 2022 to Q2 2023 by 61.4%.
    • Service revenue from the Wireline Business was $78.0 million from May 1, 2023 to June 30, 2023.
  • The gain on bargain purchase from the Sprint acquisition was $1.2 billion for Q2 2023.
    • Included in the gain on bargain purchase was the discounted present value of a $700.0 million IP Transit Services Agreement totaling $620.4 million.
  • Basic and fully diluted earnings per share for Q2 2023 were $23.84 and $23.65, respectively.
  • Net cash provided by operating activities increased by 130.7% from Q1 2023 to $82.7 million for Q2 2023 and increased from Q2 2022 to Q2 2023 by 140.3%.
  • Sprint acquisition costs were $0.7 million for Q2 2023.
  • EBITDA was $24.2 million for Q2 2023
    • EBITDA, as adjusted for Sprint acquisition costs and $29.2 million of a cash payment received under an IP Transit Agreement with T-Mobile for Q2 2023 was $54.1 million
    • Amounts billed and amounts paid under an IP Transit Services Agreement with T-Mobile were $58.3 million and $29.2 million in the three months ended June 30, 2023, respectively.
  • EBITDA margin for Q2 2023 was 10.1%.
  • EBITDA, as adjusted margin for Sprint acquisition costs and cash received under an IP Transit Agreement with T-Mobile for Q2 2023 was 22.5%.

Stock Quote

 
CCOI Quotes by TradingView

   

 

More Financials

Most Recent News

August 31, 2023
Cogent Communications CEO to Present at an Upcoming Conference

August 10, 2023
Cogent Communications Reports Second Quarter 2023 Results Including the Sprint Wireline Business, Records a $1.2 Billion Gain on Bargain Purchase, Records Basic Earnings per Share of $23.84 and Increases its Regular Quarterly Dividend on its Common Stock

August 1, 2023
Cogent Communications CEO to Present at Three Upcoming Conferences

July 28, 2023
Cogent Communications to Host Second Quarter 2023 Earnings Call on August 10th, 2023

All Press Releases

Upcoming and Recent Events

September 13, 2023
BofA Securities 2023 Media Communications and Entertainment Conference

August 10, 2023
Cogent Communications Q2 2023 Earnings Call

August 9, 2023
26th Annual Oppenheimer Technology, Internet & Communications Conference

August 8, 2023
9th Annual TD Cowen Communications Infrastructure Summit

All Events

Resources

Find out how to contact Cogent's IR team, as well as a list of frequently asked questions

Resources

Governance

Learn more about our Board of Directors, as well as our Corporate Governance Policies

Governance

Produkte & Dienste

  • Internet
  • VPN
  • Colocation

Lösungen

  • Kleinunternehmen
  • Grossunternehmen
  • Netzbetreiber
  • Applications & Content

Netzwerk

  • Netzkarte
  • Points of Presence
  • Looking Glass

Kundenservice

  • Kundenlogin
  • Support
  • FAQ

Cogent Communications

  • Cogent, einer der weltgrössten Internet Service Provider, liefert hochwertige Internet-, Ethernet- und Colocations-Dienste durch über 151.430 Geschäfts- und NetCentric-Kundenverbindungen, in 227 Märkten und 54 Ländern, über sein infrastrukturbasiertes, Next-Generation optisches IP Netzwerk.
KONTAKT

Acceptable Use Policy - Legal Matters - Privacy Policy - GDPR - Contact Cogent Webmaster - Net Neutrality

Cogent Communications ©2023

All trademarks, tradenames and service names mentioned and/or used belong to their respective owners.

Switch Site Language

 

Save
Cookies user preferences
We use cookies to ensure you to get the best experience on our website. If you decline the use of cookies, this website may not function as expected.
Accept all
Decline all
Read more
Analytics
Tools used to analyze the data to measure the effectiveness of a website and to understand how it works.
Google
Global Site Tag
Accept
Decline
Functional
Tools used to give you more features when navigating on the website, this can include social sharing.
AddThis
Accept
Decline
Analytics
Tools used to analyze the data to measure the effectiveness of a website and to understand how it works.
Google Analytics
Accept
Decline