Cogent Q4 2022 service revenue $152M (+3.2% YoY); dividend raised to $0.925/share

COGENT COMMUNICATIONS HOLDINGS, INC.

2022-FY EPS reported $0.11 revenue$599,604,000

Service revenue $152.0M in Q4 2022, up 1.3% QoQ and 3.2% YoY; full year 2022 service revenue $599.6M, up 1.7% YoY.
GAAP diluted EPS $0.02 in Q4 2022 vs $0.40 in Q4 2021; full year 2022 diluted EPS $0.11 vs $1.03 in 2021.
EBITDA (incl. Sprint acquisition costs) $57.1M in Q4 2022, down 0.5% YoY; full year EBITDA $230.6M, up 1.2% YoY.
Total customer connections 96,514 as of Dec 31, 2022, up 3.0% YoY; on-net buildings 3,155, up 120 YoY.
Board approved Q1 2023 dividend of $0.925/share, up $0.01 from Q4 2022, 42nd consecutive quarterly increase.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

COGENT COMMUNICATIONS HOLDINGS, INC. reported the year ended December 31, 2022 results: revenue $599.6 million.

Period: the year ended December 31, 2022
Revenue: $599.6 million
Result: reported results

Exact text from the filing

Service revenue increased from Q3 2022 to Q4 2022 by 1.3% to $152.0 million, increased from Q4 2021 to Q4 2022 by 3.2%, and increased from full year 2021 to 2022 by 1.7% to $599.6 million.

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

COGENT COMMUNICATIONS HOLDINGS, INC. reported the three months ended December 31, 2022 results: revenue $152.0 million.

Period: the three months ended December 31, 2022
Revenue: $152.0 million
Result: reported results

Exact text from the filing

Service revenue increased from Q3 2022 to Q4 2022 by 1.3% to $152.0 million, increased from Q4 2021 to Q4 2022 by 3.2%, and increased from full year 2021 to 2022 by 1.7% to $599.6 million.

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Source: SEC EDGAR

accession 0001104659-23-024515

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