Cogent (CCOI) Reports Q3 2025 Earnings with Revenue Decline and Margin Expansion
Cogent (CCOI) reported Q3 2025 revenue of $241.9 million, a sequential decline of 1.7%, driven by lower noncore and USF revenues. However, EBITDA as adjusted increased to $73.8 million with a margin expansion to 30.5%. The company also announced a reduced dividend and suspended buybacks until reaching a net leverage target.
Tickers: $CCOI
Topics: buyback program data center monetization dividend policy earnings EBITDA revenue T-Mobile payments