Added to YB: 2025-11-11
Pitch date: 2025-11-08
CCOI [neutral]
Cogent Communications Holdings, Inc.
-18.51%
current return
Author Info
Company Info
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, South America, Europe, Oceania, and Africa.
Market Cap
$1.1B
Pitch Price
$23.59
Price Target
N/A
Dividend
0.35%
EV/EBITDA
15.08
P/E
-6.07
EV/Sales
4.04
Sector
Diversified Telecommunication Services
Category
turnaround
Q3 2025 Earnings Updates - Cogent Communications (CCOI)
CCOI (earnings): Q3 saw dividend cut from $1.01 to $0.02/qtr & buyback suspension due to 7.4x debt/EBITDA from T-Mobile/Sprint fiber acquisition. EBITDA improving as efficiency gains realized, mgmt guides revenue growth inflection. Selling 24 redundant data centers - 2 sold for $144M, 6 LOIs received. De-leveraging accelerating.
Read full article (2 min)