Tucows Reports Financial Results for Third Quarter 2024 [Yahoo! Finance]
Tucows Inc. (TCX)
NASDAQ:AMEX Investor Relations:
tucows.com/investors
Company Research
Source: Yahoo! Finance
"Tucows finished the third quarter of 2024 with strong year-over-year growth of revenue, gross profit and adjusted EBITDA. We have focused on generating revenue and margin gains, and as importantly, we have implemented cost controls across all of our businesses, said Elliot Noss , Tucows President and CEO. In our Ting business, we recently undertook a second reduction in workforce as part of a capital efficiency plan and operational pivot towards maximizing penetration and contribution of existing network footprints. We also continued to deleverage the business with payments on the syndicated debt using cash flow from Wavelo and Tucows Domains." Financial Results Consolidated net revenue for the third quarter of 2024 increased 6.1% to $92.3 million from $87.0 million for the third quarter of 2023, driven primarily by year-over-year revenue gains from Ting and Domains. Gross profit for the third quarter of 2024 increased 32.4% to $22.2 million from $16.8 million from the third q
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News
- Tucows Third Quarter 2024 Earnings: US$2.03 loss per share (vs US$2.09 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
- Tucows Inc (TCX) Q3 2024 Earnings Call Highlights: Strong Revenue Growth Amid Workforce ... [Yahoo! Finance]Yahoo! Finance
- Tucows Reports Financial Results for Third Quarter 2024PR Newswire
- Tucows Announces Capital Efficiency PlanPR Newswire
- Tucows Announces Timing for Q3 2024 Financial Results News Release and Management Commentary [Yahoo! Finance]Yahoo! Finance
TCX
Sec Filings
- 11/12/24 - Form 8-K
- 11/8/24 - Form SC
- 11/7/24 - Form 10-Q
- TCX's page on the SEC website