Cogent Communications Q2 2025: Stabilizing, Delevering, High-Margin Growth

Cogent Communications reports Q2 2025 earnings, with revenue at $246.2M, down 0.8% sequentially. EBITDA adjusted surges 7% to $73.5M, with margins up 200 bps to 29.8%. Wavelength services soar, up 150% YoY and 27% QoQ. The company strengthens liquidity, issues debt, and boosts stock buybacks and dividends. Analysts question wavelengths and data centers, with Cogent installing hundreds ahead of billing. Guidance remains optimistic, targeting 6-8% long-term revenue growth and 200 bps annual margin expansion. The network now reaches 1,675 third-party data centers with wavelengths in 938 locations. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/aefb8a2e15d13898