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Last $34.24 USD
Change Today +0.35 / 1.03%
Volume 339.7K
CCOI On Other Exchanges
Symbol
Exchange
NASDAQ GS
Berlin
As of 8:10 PM 04/20/15 All times are local (Market data is delayed by at least 15 minutes).

cogent communications holdin (CCOI) Snapshot

Open
$34.10
Previous Close
$33.89
Day High
$34.59
Day Low
$34.00
52 Week High
02/11/15 - $40.44
52 Week Low
10/14/14 - $29.68
Market Cap
1.6B
Average Volume 10 Days
410.2K
EPS TTM
$-0.14
Shares Outstanding
46.4M
EX-Date
03/9/15
P/E TM
--
Dividend
$1.28
Dividend Yield
3.30%
Current Stock Chart for COGENT COMMUNICATIONS HOLDIN (CCOI)

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cogent communications holdin (CCOI) Details

Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access and Internet protocol communications services primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations in North America, Europe, and Japan. It offers on-net Internet access services to bandwidth-intensive users, such as universities, other Internet service providers, telephone companies, cable television companies, Web hosting companies, content delivery network companies, and commercial content and application service providers; and to corporate customers located in multi-tenant office buildings, including law firms, financial services firms, advertising and marketing firms, and other professional services businesses. The company also provides its on-net services in carrier-neutral co-location facilities, company controlled data centers, and single-tenant office buildings. In addition, it offers off-net services to businesses that are connected to its network primarily by means of ‘last mile’ access service lines obtained from other carriers primarily in the form of metropolitan Ethernet circuits. Further, the company provides Internet connectivity to customers that are not located in buildings directly connected to the company’s network, as well as offers voice services. Cogent Communications Holdings, Inc. operates 49 data centers. The company was founded in 1999 and is headquartered in Washington, the District of Columbia.

776 Employees
Last Reported Date: 02/27/15
Founded in 1999

cogent communications holdin (CCOI) Top Compensated Officers

Founder, Chairman, Chief Executive Officer an...
Total Annual Compensation: $343.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $265.0K
Vice President of Sales and Chief Revenue Off...
Total Annual Compensation: $449.0K
Chief Legal Officer, Vice President, General ...
Total Annual Compensation: $263.0K
Vice President of Field Engineering, Construc...
Total Annual Compensation: $257.0K
Compensation as of Fiscal Year 2014.

cogent communications holdin (CCOI) Key Developments

Cogent Communications Holdings, Inc. Proposes Amendments to its Bylaws

Cogent Communications Holdings, Inc. at the Annual Meeting of Stockholders to be held on April 16, 2015, proposed amendment to the Bylaws at Article 62 that stipulates that Delaware shall be the forum for shareholder litigation and amendment to the Bylaws at Article 63 providing that if the company prevails in any shareholder litigation its attorney's fees shall be awarded to the company and otherwise provides that each party bears its own expenses of litigation.

Cogent Communications Holdings, Inc., Annual General Meeting, Apr 16, 2015

Cogent Communications Holdings, Inc., Annual General Meeting, Apr 16, 2015., at 09:00 US Eastern Standard Time. Location: Company's offices at 1015 31st Street,NW. Agenda: To elect six directors to hold office until the next annual meeting ; to vote on the ratification of the selection by the Audit Committee of Ernst & Young LLP as the independent registered public accountants ; to hold a non-binding advisory vote to approve the amendment to the Bylaws at Article 62; to hold a non-binding advisory vote to approve the amendment to the Bylaws at Article 63 providing that if the company prevails in any shareholder litigation its attorney's fees shall be awarded to the company and otherwise provides that each party bears its own expenses of litigation.; to hold a non-binding advisory vote to approve the compensation of company's named executive officers; and to transact such other business as may properly come before the Annual Meeting and any adjournment or postponement thereof.

Cogent Communications Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Approves Dividend for the First Quarter of 2015 Payable on March 26, 2015

Cogent Communications Holdings, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported service revenue was $96.75 million against $89.9 million a year ago. The impact of foreign exchange negatively impacted service revenue growth from the fourth quarter of 2013 to fourth quarter of 2014 by $2.1 million and negatively impacted service revenue growth from third quarter of 2014 to fourth quarter of 2014 by $1.4 million. Operating income was $13.07 million against $12.06 million a year ago. Income before income taxes was $0.871 million against $2.02 million a year ago. Net loss was $0.352 million against income of $52.6 million a year ago. Diluted loss per share was $0.01 against income of $1.10 a year ago. Net cash provided by operating activities was $17.94 million against $29.9 million a year ago. Purchase of property and equipment was $13.03 million against $10.1 million a year ago. Earnings before interest, taxes, depreciation and amortization (EBITDA), as adjusted, increased by 6.5% from $31.5 million for the three months ended December 31, 2013 to $33.6 million for the three months ended December 31, 2014. For the year, the company reported service revenue was $380.003 million against $347.98 million a year ago. Operating income was $53.9 million against $46.15 million a year ago. Income before income taxes was $4.49 million against $6.99 million a year ago. Net income was $0.797 million against $56.7 million a year ago. Diluted earnings per share were $0.02 against $1.21 a year ago. Net cash provided by operating activities was $73.05 million against $81.85 million a year ago. Purchase of property and equipment was $60.03 million against $49.03 million a year ago. EBITDA, as adjusted, increased 10.6% to $133.0 million for the year ended December 31, 2014 from $120.2 million for the year ended December 31, 2013. Total net debt as of December 31, 2014 was $318.75 million against $290.7 million as of September 30, 2014. On February 24, 2015, Cogent's board approved a dividend of $0.32 per common share payable on March 26, 2015 to shareholders of record on March 11, 2015. The first quarter 2015 regular dividend of $0.32 per share represents an increase of 3.2% from the fourth quarter 2014 regular dividend of $0.31 per share.

 

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Industry Analysis

CCOI

Industry Average

Valuation CCOI Industry Range
Price/Earnings 100.0x
Price/Sales 4.0x
Price/Book 18.2x
Price/Cash Flow 22.4x
TEV/Sales 1.8x
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