Cogent Communications Holdings, Inc. (CCOI) Q2 2023 Earnings Call Transcript

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Q2: 2023-08-09 Earnings Summary

EPS of $23.65 beats by $23.71
 | Revenue of $239.81M (61.54% Y/Y) misses by $25.96M

Cogent Communications Holdings, Inc. (NASDAQ:CCOI) Q2 2023 Earnings Conference Call August 10, 2023 8:30 AM ET

Company Participants

Dave Schaeffer - Chairman & CEO
Thad Weed - CFO

Conference Call Participants

Phil Cusick - JPMorgan
Frank Louthan - Raymond James
Greg Williams - TD Cowen
Walter Piecyk - LightShed Partners
David Barden - Bank of America
Brett Feldman - Goldman Sachs
Tim Horan - Oppenheimer & Co.
Nick Del Deo - MoffettNathanson
Evan Young - KeyBanc Capital Markets
Michael Rollins - Citigroup

Operator

Good morning, and welcome to the Cogent Communications Holdings Second Quarter 2023 Earnings Conference Call. As a reminder, this conference call is being recorded, and it will be available for replay at www.Cogentco.com. A transcript of this conference call will be posted on the same website when it becomes available. Cogent's summary of financial and operational results attached to its press release can be downloaded from the Cogent website.

I would now like to turn the call over to Mr. Dave Schaeffer, Chairman and Chief Executive Officer of Cogent Communications Holdings. Please go ahead.

Dave Schaeffer

Thank you and good morning to everyone. I'm going to start by apologizing for the possible length of this call. There are a number of new topics that we are going to be chatting about, but we will try to be complete in answering everyone's questions. Welcome to our second quarter 2023 earnings conference call. I'm Dave Schaeffer, Cogent’s Chief Executive Officer. With me on this morning's call is Thad Weed, our Chief Financial Officer. Hopefully, you've had a chance to review our earnings press release and our 10-Q for the quarter. Our press release includes a number of historical quarterly metrics that we present on a consistent basis every quarter. We've included a number of additional metrics this quarter related to our acquisition of Sprint, and we will continue to provide these metrics

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