Cogent communications holdings accumulated builder basket

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(NASDAQ: CCOI) today announced service revenue of $129.3 million for the three months ended June 30, 2018, an increase of 7.9% from the three months ended June 30, 2017 and an increase of 0.5% from the three months ended March 31, 2018.

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EBITDA margin increased by 120 basis points from Q1 2018 to 35.5% and increased by 200 basis points from Q2 2017.

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Service revenue increased by 0.5% from Q1 2018 to Q2 2018 to $129.3 million and increased from Q2 2017 to Q2 2018 by 7.9%.Service revenue, on a constant currency basis, increased by 1.1% from Q1 2018 to Q2 2018 and increased from Q2 2017 to Q2 2018 by 6.3%.Cogent Group�s consolidated leverage ratio, as defined in Cogent Group�s indenture agreements, is below 4.25 which will allow Cogent Holdings to utilize its accumulated builder basket.Cogent approves a 3.8% increase of $0.02 per share to its regular quarterly dividend to $0.54.Cogent Communications Reports Second Quarter 2018 ResultsĪnd Increases Regular Quarterly Dividend on Common Stock

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