Cogent Q2 service revenue $148.5M; EBITDA margin 39.4%; dividend raised to $0.905

COGENT COMMUNICATIONS HOLDINGS, INC.

2022-Q2 EPS reported $0.26 revenue$297,622,000

Service revenue $148.5M, down 0.5% QoQ, up 0.4% YoY; on constant currency +0.4% QoQ, +2.7% YoY.
EBITDA $58.5M (+2.3% QoQ, +2.2% YoY); margin 39.4% (up 110 bps QoQ, 70 bps YoY).
Diluted EPS $0.24 vs $(0.05) YoY; net cash from ops $34.4M, down 30.4% QoQ.
Quarterly dividend raised $0.025 to $0.905/share; payable Aug 31, record Aug 18; 40th consecutive increase.
Extinguished €350M 2024 Euro Notes using proceeds from $450M 2027 Notes in June 2022.

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