Cogent (CCOI) Q2 FY26 earnings call

Cogent Communications reported a quarter marked by significant progress in asset monetization and deleveraging, driven by the sale of data centers and strategic debt repurchases. While revenue saw a slight sequential decline, the company achieved sequential adjusted EBITDA growth and margin expansion through cost reductions and a continued shift towards more profitable on-net services. Management is actively working on refinancing upcoming debt maturities and remains focused on capital discipline and market share gains in its core IP transit and wavelength businesses.