Transcription of Cogent Communications Reports Second Quarter 2015 …
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FOR IMMEDIATE RELEASE Cogent Contacts: For Public Relations: For Investor Relations: Eric Schweizer John Chang + 1 (202) 295-4313 + 1 (202) 295-4212 Cogent Communications Reports Second Quarter 2015 Results and Increases Regular Quarterly Dividend on Common Stock Financial and Business Highlights Service revenue for Q2 2015, on a constant currency basis, increased by from Q1 2015 to Q2 2015 and increased by from Q2 2014 Cogent approves a increase of its regular quarterly dividend to $ per common share to be paid on September 11, 2015 to shareholders of record on August 21, 2015 o Under Cogent s return of capital program, Cogent purchased 579,000 shares of its common stock for $ million during Q2 2015 EBITDA for Q2 2015 of $ million increased by from $ million for Q1 2015 EBITDA margin increased by 40 basis points to for Q2 2015 from for Q1 2015 Cash and cash equivalents were $ million at June 30, 2015 There were 2,191 buildings on the Cogent network at the end of Q2 2015 There were 48.
30, 2014 and an increase of 1.1% from $71.2 million for the three months ended March 31, 2015. Off-net customers are located in buildings directly connected to Cogent’s network using other
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