Cogent Communications Holdings Inc (NAS:CCOI)

$ 81.58 0.15 (0.18%) Market Cap: 4.00 Bil Enterprise Value: 5.84 Bil PE Ratio: 89.65 PB Ratio: 9.62 GF Score: 90/100

Q4 2019 Cogent Communications Holdings Inc Earnings Call Transcript

Feb 27, 2020 / 01:30PM GMT

Release Date Price: $76.01 (+1.41%)

Transcript 10-K8-K

Operator

Good morning ladies and gentlemen, and welcome to the Cogent Communications Holdings Fourth Quarter and Full Year 2019 Earnings Conference Call. (Operator Instructions)

As a reminder, this conference is being recorded and will be available for replay at www.cogentco.com. I would now like to turn the conference over to Mr. Dave Schaeffer, Chairman and Chief Executive Officer of Cogent Communications Holdings.

David Schaeffer

Cogent Communications Holdings, Inc. - Founder, Chairman, CEO & President

Thank you and good morning to everyone. Welcome to our fourth quarter 2019 and full year 2019 earnings conference call. I am Dave Schaeffer, Cogent's CEO and with me on this morning's call is Tad Weed, our Chief Financial Officer. We are pleased with the results for the quarter and for the year, and continue to be optimistic about the underlying strength of our business and the outlook for 2020 and beyond.

Our quarterly gross margin reached a company record of 60.3%, increasing

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