Cogent (CCOI) reported earnings 30 days ago. What's next for the stock?
Cogent Communications NASDAQ: CCOI Chief Executive Dave Schaeffer said the company's planned sale of 10 data centers to I Squared Capital is part of a broader effort to reduce leverage, address concerns around its 2027 notes and eventually restart a more aggressive return-of-capital program.
Cogent Communications NASDAQ: CCOI Founder and CEO Dave Schaeffer said the company remains focused on deleveraging, expanding margins and monetizing portions of its data center portfolio following its 2023 acquisition of Sprint's fiber assets.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CE Curtis Ellergodt Rothschild Investment LLC | 21 | $1,287.44 | $265.12 | -$1,022.32 | -79.41% |
| WH William Herlihy RESOURCES MANAGEMENT Corp. /CT/ /ADV | 5,869 | $282,944.49 | $74,096.12 | -$208,848.37 | -73.81% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 12 | $226.08 | $147.36 | -$78.72 | -34.82% |
| SN Stephanie Nee HARBOR CAPITAL ADVISORS Inc. | 1,040 | $19,593.6 | $12,870 | -$6,723.6 | -34.32% |
| BG Bart Gancher Intech Investment Management LLC | 11,487 | $736,420.75 | $140,830.62 | -$595,590.13 | -80.88% |
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| GW Gregory Williams TD Cowen | 2,562.7 | $43,531.51 | $30,009.26 | -$13,522.25 | -31.06% |
| Communications Equipment Industry | Information Technology Sector | David Schaeffer CEO | NASDAQ (NGS) Exchange | 19239V302 CUSIP |
| US Country | 1,833 Employees | 18 May 2026 Last Dividend | 24 Mar 2005 Last Split | - IPO Date |
Cogent Communications Holdings, Inc., established in 1999 and based in Washington, D.C., operates globally, offering a broad range of internet, networking, and data center services primarily targeting small and medium-sized businesses, communications service providers, and bandwidth-intensive organizations. The company stands out for its expansive service coverage across North America, Europe, Oceania, South America, and Africa, catering to a diverse portfolio of clients, including law firms, financial services, healthcare providers, educational institutions, ISPs, telecom companies, and more. By providing high-speed Internet access, private network services, and colocation space, Cogent aims to meet the growing demands for reliable and efficient data transmission and storage solutions.
Cogent Communications provides high-speed Internet access designed to cater to the demanding needs of businesses, including sectors such as law, finance, advertising, healthcare, education, and more. Its robust Internet services are also offered to ISPs, telecom companies, and mobile operators, catering to the largest bandwidth consumers.
With a focus on security and efficiency, Cogent offers private network services tailored for businesses and organizations needing private data exchange. These services are crucial for financial services firms, healthcare providers, and any business requiring secure, reliable network communication.
Understanding the criticality of data management and security, Cogent operates data centers that provide customers the option to collocate their equipment. This service ensures clients have access to secure, high-speed network connections, making it simpler for businesses to manage and scale their IT infrastructure needs.
Cogent's on-net services cater to customers located in buildings directly connected to its extensive network, offering seamless Internet and private network connectivity. For clients not located in directly connected buildings, the company provides off-net services, utilizing other carriers' circuits to deliver the last mile of connectivity, thus ensuring wide-reaching network access regardless of the customer's location.