earnings
confidence high
sentiment neutral
materiality 0.60
Cogent reports Q3 2022 service revenue $150M, net loss per share $(0.17); increases dividend to $0.915
COGENT COMMUNICATIONS HOLDINGS, INC.
2022-Q3 EPS reported
$0.09
revenue$447,625,000
- Service revenue $150.0M (+1.0% QoQ, +1.4% YoY); on constant currency +4.3% YoY.
- Basic net loss per share $(0.17) in Q3 2022 vs income $0.29 in Q3 2021.
- EBITDA (incl. Sprint acquisition costs) $57.9M, margin 38.6%; adj. EBITDA $59.9M, margin 39.9%.
- Net cash from operations $53.6M, up 55.7% from Q2 2022 and 13.0% from Q3 2021.
- Regular quarterly dividend increased to $0.915/share (Q4 2022), 41st consecutive quarterly increase; +10.2% YoY.