secwatch.observer — SEC 8-K summary
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Issuer:     COGENT COMMUNICATIONS HOLDINGS, INC. (CCOI)
CIK:        0001158324
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001104659-23-024515
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158324/000110465923024515/0001104659-23-024515-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158324/000110465923024515/tm237359d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-024515

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer