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Dec 31, 2019
Cogent Q4 2019 Earnings Report
Cogent reported an increase in service revenue and GAAP gross profit.
Key Takeaways
Cogent Communications announced its Q4 2019 results, with service revenue reaching $140.3 million, a 6.2% increase year-over-year. GAAP gross profit increased by 16.0% to $64.3 million. The Board approved a regular quarterly dividend of $0.66 per common share.
Service revenue increased by 6.2% year-over-year, reaching $140.3 million.
On-net revenue increased by 7.7% year-over-year, totaling $102.7 million.
GAAP gross profit increased by 16.0% year-over-year, amounting to $64.3 million.
The Board approved a quarterly dividend increase of 3.1% to $0.66 per share.
Cogent
Cogent
Cogent Revenue by Segment
Revenue by Segment
On-Net Revenue
CapyFin.comOff-Net Revenue
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