Wavelength

Cogent Communications Reports First Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock

Retrieved on: 
Thursday, May 9, 2024

WASHINGTON, May 9, 2024 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") today announced service revenue of $266.2 million for the three months ended March 31, 2024, a decrease of 2.2% from the three months ended December 31, 2023 and an increase of 73.3% from the three months ended March 31, 2023. Foreign exchange rates positively impacted service revenue growth from the three months ended December 31, 2023 to the three months ended March 31, 2024 by $0.3 million and positively impacted service revenue growth from the three months ended March 31, 2023 to the three months ended March 31, 2024 by $0.4 million. On a constant currency basis, service revenue decreased by 2.3% from the three months ended December 31, 2023 to the three months ended March 31, 2024, and increased by 73.1% for the three months ended March 31, 2023 to the three months ended March 31, 2024.

Key Points: 
  • Cogent approved an increase of $0.01 per share to its regular quarterly dividend for a total of $0.975 per share for Q2 2024 as compared to $0.965 per share for Q1 2024 – Cogent's forty-seventh consecutive quarterly dividend increase.
  • Wavelength revenue was $3.3 million for the three months ended March 31, 2024, an increase of 7.0% from the three months ended December 31, 2023.
  • On May 8, 2024, Cogent's Board approved a regular quarterly dividend of $0.975 per share payable on June 7, 2024 to shareholders of record on May 23, 2024.
  • Cogent will host a conference call with financial analysts at 8:30 a.m. (ET) on May 9, 2024 to discuss Cogent's operating results for the first quarter of 2024.

Nokia and Zayo achieve new North American distance record for 800Gb/s transmission on live network

Retrieved on: 
Thursday, January 18, 2024

The companies also achieved a 1 Tb/s transmission on Zayo’s LA to Phoenix route over 1004km, also using the Nokia PSE-6s.

Key Points: 
  • The companies also achieved a 1 Tb/s transmission on Zayo’s LA to Phoenix route over 1004km, also using the Nokia PSE-6s.
  • Zayo currently provides the largest and most modern 400G network in North America with over 250 points of presence (PoPs), covering the most in-demand centers.
  • Using the latest 6th generation technology, the 800Gb/s transmission represents a tripling in reach over current 7nm solutions and sets a new North American distance record over a live network.
  • Aaron Werley, Vice President of Technology at Zayo, said: “As a communications infrastructure leader, Zayo remains at the forefront of network connectivity.

ATLANTIC-ACM Announces 2023 U.S. Wholesale Service Provider Excellence Awards

Retrieved on: 
Thursday, December 14, 2023

Leading TMT consultancy and market diligence firm ATLANTIC-ACM announced its 2023 U.S. Wholesale Service Provider Excellence Awards based on the 26th annual U.S. Wholesale Report Card study.

Key Points: 
  • Leading TMT consultancy and market diligence firm ATLANTIC-ACM announced its 2023 U.S. Wholesale Service Provider Excellence Awards based on the 26th annual U.S. Wholesale Report Card study.
  • The U.S. Wholesale study covers metro and long-haul wholesale services across several different voice and data products.
  • The study delivers quantifiable metrics on current wholesale trends and real-time insights into shifting purchasing dynamics and buying priorities.
  • The winners for ATLANTIC-ACM’s 2023 U.S. Wholesale Service Provider Excellence Awards are:
    Founded in 1991, ATLANTIC-ACM, is a leading strategic consulting firm to the telecom and technology sectors.

Spin on Carbon Market worth $747 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, December 12, 2023

The hot temperature spin on carbon segment is expected to account for the largest share of the spin on carbon industry in 2023.

Key Points: 
  • The hot temperature spin on carbon segment is expected to account for the largest share of the spin on carbon industry in 2023.
  • The hot-temperature spin-on carbon segment is a significant market for spin-on carbon in semiconductors.
  • Foundries are expected to account for the largest share of the spin-on carbon in the semiconductor market in 2023.
  • The North American market is expected to witness the highest CAGR in the spin-on carbon in the semiconductor market during the forecast period.

Spin on Carbon Market worth $747 million by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, December 12, 2023

The hot temperature spin on carbon segment is expected to account for the largest share of the spin on carbon industry in 2023.

Key Points: 
  • The hot temperature spin on carbon segment is expected to account for the largest share of the spin on carbon industry in 2023.
  • The hot-temperature spin-on carbon segment is a significant market for spin-on carbon in semiconductors.
  • Foundries are expected to account for the largest share of the spin-on carbon in the semiconductor market in 2023.
  • The North American market is expected to witness the highest CAGR in the spin-on carbon in the semiconductor market during the forecast period.

Cogent Communications Reports Third Quarter 2023 Results and Increases its Regular Quarterly Dividend on its Common Stock

Retrieved on: 
Thursday, November 9, 2023

WASHINGTON, Nov. 9, 2023 /PRNewswire/ -- Cogent Communications Holdings, Inc. (NASDAQ: CCOI) ("Cogent") today announced service revenue of $275.4 million for the three months ended September 30, 2023, an increase of 14.9% from the three months ended June 30, 2023 and an increase of 83.6% from the three months ended September 30, 2022. Foreign exchange rates had no material impact on service revenue growth from the three months ended June 30, 2023 to the three months ended September 30, 2023 and positively impacted service revenue growth from the three months ended September 30, 2022 to the three months ended September 30, 2023 by $1.8 million. On a constant currency basis, service revenue increased by 14.9% from the three months ended June 30, 2023 to the three months ended September 30, 2023 and increased by 82.4% for the three months ended September 30, 2022 to the three months ended September 30, 2023.

Key Points: 
  • Cogent approved an increase of $0.01 per share to its regular quarterly dividend for a total of $0.955 per share for Q4 2023 as compared to $0.945 per share for Q3 2023 – Cogent's forty-fifth consecutive quarterly dividend increase.
  • GAAP gross margin was 20.8% for the three months ended June 30, 2023 and was 5.5% for the three months ended September 30, 2023.
  • Non-GAAP gross margin was 42.8% for the three months ended June 30, 2023 and was 37.1% for the three months ended September 30, 2023.
  • EBITDA margin was 10.1% for the three months ended June 30, 2023 and was 15.8% for the three months ended September 30, 2023.

Windstream Wholesale and VIAVI Change the Network Intelligence Game with Unmatched Visibility and Speed

Retrieved on: 
Monday, November 6, 2023

This tool further advances network intelligence functionality for Dark Fiber and Wavelength monitoring.

Key Points: 
  • This tool further advances network intelligence functionality for Dark Fiber and Wavelength monitoring.
  • The VIAVI outage and GIS data will be integrated from the ONMSi platform into Windstream Wholesale’s operational and portal software applications.
  • Immediate notification of cuts, outages, and degraded service is sent to Windstream Wholesale network operations on behalf of the customer.
  • To view the Windstream Wholesale network, visit https://www.windstreamwholesale.com/network-expansion/ .

Windstream Wholesale and VIAVI Change the Network Intelligence Game with Unmatched Visibility and Speed

Retrieved on: 
Monday, November 6, 2023

Windstream Wholesale will integrate VIAVI outage and GIS data from the ONMSi platform into Windstream Wholesale's operational and portal software applications.

Key Points: 
  • Windstream Wholesale will integrate VIAVI outage and GIS data from the ONMSi platform into Windstream Wholesale's operational and portal software applications.
  • Immediate notification of cuts, outages, and degraded service is sent to Windstream Wholesale network operations on behalf of the customer.
  • VIAVI RFTS is delivering capabilities trusted by carriers globally to the Windstream ICON network."
  • To view the Windstream Wholesale network, visit https://www.windstreamwholesale.com/network-expansion/ .

Al Camera Market worth $22.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 22, 2023

AI camera market for natural language processing technology to hold the second highest CAGR during the forecast period.

Key Points: 
  • AI camera market for natural language processing technology to hold the second highest CAGR during the forecast period.
  • AI camera market for security & surveillance end-users to hold the highest market share during the forecast period.
  • AI camera market for CCTV cameras to hold the highest market share during the forecast period.
  • The need for advanced security and surveillance solutions is a significant driver of the AI camera market in North America.

Al Camera Market worth $22.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 22, 2023

AI camera market for natural language processing technology to hold the second highest CAGR during the forecast period.

Key Points: 
  • AI camera market for natural language processing technology to hold the second highest CAGR during the forecast period.
  • AI camera market for security & surveillance end-users to hold the highest market share during the forecast period.
  • AI camera market for CCTV cameras to hold the highest market share during the forecast period.
  • The need for advanced security and surveillance solutions is a significant driver of the AI camera market in North America.