---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-089811"
form_type: "8-K/A"
ticker: "CCOI"
cik: "0001158324"
company_name: "COGENT COMMUNICATIONS HOLDINGS, INC."
filed_at: "2023-08-10T23:59:59+00:00"
generated_at: "2026-06-11T16:33:41.050259+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cogent corrects Q2 EBITDA adjusted to $54.1M; reports $1.2B Sprint gain, dividend raised to $0.945

## Summary
- Correction: Q2 2023 EBITDA as adjusted for Sprint costs and IP Transit payments is $54.1M, not $56.0M as originally reported.
- Revenue $239.8M up 56.1% QoQ; $78.0M from Sprint wireline business acquired May 1, 2023.
- Basic EPS $23.84 includes $1.2B bargain purchase gain from Sprint acquisition.
- Regular quarterly dividend increased to $0.945/share (up 1.1% QoQ), payable Sept 8 to holders of record Aug 24.
- Net cash from ops $82.7M, up 130.7% QoQ; on-net connections up 12.8% YoY.

## SEC filing metadata
- accession: 0001104659-23-089811
- form_type: 8-K/A
- ticker: CCOI
- cik: 0001158324
- company_name: COGENT COMMUNICATIONS HOLDINGS, INC.
- filed_at: 2023-08-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1158324/000110465923089811/0001104659-23-089811-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1158324/000110465923089811/tm2323172d2_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-089811
- JSON: https://secwatch.observer/filing/0001104659-23-089811.json
- Plain text: https://secwatch.observer/filing/0001104659-23-089811.txt

## Key facts
- Earnings Releases
  COGENT COMMUNICATIONS HOLDINGS, INC. reported Q2 2023 results: revenue $239.8 million, EPS $23.84 basic and $23.65 fully diluted.
  - Period: Q2 2023
  - Revenue: $239.8 million
  - EPS: $23.84 basic and $23.65 fully diluted
  - Result: reported results
  source text: Cogent Communications Holdings, Inc. (NASDAQ: CCOI) (“Cogent”) today announced service revenue of $239.8 million for the three months ended June 30, 2023, an increase of 56.1% from the three months ended March 31, 2023 and an increase of 61.5% from the three months ended June 30, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1158324/000110465923089811/0001104659-23-089811-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.