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Stock impact report

Cogent Communications Touts Return to Organic Growth, Margin Gains, and 2027 Debt Refi Plan at Conference [Yahoo! Finance]

Cogent Communications Holdings, Inc. (CCOI) 
Last cogent communications holdings, inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Cogent Communications (NASDAQ:CCOI) Chief Executive Officer Dave Schaeffer used an investor conference appearance hosted by Raymond James to outline what he called three key messages for investors: a return to organic revenue growth, continued margin expansion, and a multi-step plan aimed at improving balance sheet flexibility and refinancing upcoming debt maturities. Business overview and recent additions Schaeffer described Cogent as a global provider of connectivity services, offering internet connectivity in 1,900 data centers across 57 countries and carrying “about 25% of the world's internet traffic.” In North America, he said the company also serves as the ISP to end users in about 1.1 billion square feet of multi-tenant office space. ? Uber and Joby Aviation Team Up: Game Changer or Hype? 2 Mid-Cap Telecom Stocks Offering Superior Returns He highlighted a newer product line as well: wavelength (optical transport) services between 1,096 data centers across the U.S., Show less Read more
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