earnings
confidence high
sentiment neutral
materiality 0.55
Cogent Q1 2025: Service revenue $247M (-2.1% seq); EBITDA up 4.6% to $43.8M; dividend raised to $1.01
COGENT COMMUNICATIONS HOLDINGS, INC.
2025-Q1 EPS reported
-$1.09
revenue$247,048,000
- Service revenue $247.0M, down 2.1% QoQ and 7.2% YoY; net loss per share $(1.09).
- EBITDA $43.8M (+4.6% seq); margin 17.7%; adjusted EBITDA $68.8M.
- Quarterly dividend increased to $1.01/share ($0.005 raise) for Q2 2025, 51st consecutive quarterly increase.
- Issued $174.4M of 6.6% IPv4 Securitized Notes April 11; bought 94,856 shares for $5M in April.
- IPv4 leasing revenue $14.4M (+42% YoY); wavelength revenue $7.1M (+114% YoY).