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Tucows Inc - TCX STOCK NEWS

Welcome to our dedicated page for Tucows news (Ticker: TCX), a resource for investors and traders seeking the latest updates and insights on Tucows stock.

Tucows Inc (TCX) provides essential internet infrastructure through domain registration services, fiber-optic connectivity, and telecommunications software solutions. This news hub offers investors and industry professionals centralized access to verified updates across all company operations.

Track official announcements including quarterly earnings reports, strategic partnerships, product launches, and management updates. Our curated collection features press releases related to Ting Internet expansions, Wavelo software innovations, and Tucows Domains registry developments. Stay informed about network infrastructure investments, reseller program enhancements, and enterprise software deployments.

All content undergoes strict verification to ensure accuracy and relevance for stakeholders. Bookmark this page for real-time updates on TCX's progress in digital identity management, mobile service enablement, and cloud-based solutions for communication providers.

Rhea-AI Summary
Tucows Inc. (TCX) announces a $40 million stock buyback program to repurchase its common stock, starting February 23, 2024, and ending on or before February 22, 2025. The program will be executed through the Nasdaq Capital Market, funded from working capital and existing credit facilities.
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Tucows Inc. reports Q4 2023 financial results with a 10.2% increase in net revenue, driven by growth in Wavelo and Ting. However, a net loss of $23.4 million was recorded due to investments in Ting Fiber network and higher expenses.
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Ting Internet, a division of Tucows, is expanding its high-speed fiber internet service to Thornton, Colorado, offering residents and businesses lightning-fast speeds of up to 2 gigabits per second. With plans starting at $89 per month, Ting aims to provide unmatched connectivity and internet choice to the community.
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Tucows Inc. (NASDAQ: TCX) will release its Q4 financial results on February 22, 2024, with a pre-recorded audio commentary and transcript discussing the quarter and outlook for the Company. Shareholders, analysts, and prospective investors can submit questions to Tucows' management until February 29, 2024, with responses to be posted on March 12, 2024. The release is scheduled to allow sufficient time for the Company's external auditors to complete audit procedures for Fiscal 2023.
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Tucows Inc. reports strong growth for Wavelo and Ting in Q3 2023. Wavelo saw a significant boost in revenue of 174%, gross margin of 176%, and adjusted EBITDA of 566% on a year over year basis. Ting also showed strong growth with a 17% increase in revenue and a 20% increase in gross margin.
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Ting Internet, a division of Tucows, has been selected to provide fiber internet service to Memphis residents, businesses, and institutions in partnership with Blue Suede Networks. The company aims to make Memphis the most fiber-connected city in America and plans to launch its 2-gigabit symmetrical internet plan by Q3 2024. Low-income residents will be offered the same service at no cost through the Affordable Connectivity Program. Ting will establish a digital equity program to encourage broadband adoption and provide digital skills training. The partnership with The Vibranium Network will help with marketing and adoption strategy. Blue Suede Networks will build the fiber network in phases, with the first residents expected to receive service in summer 2024.
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Tucows Inc. announces timing for Q3 2023 financial results news release and management commentary
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Tucows Inc. announces new credit facility with Bank of Montreal
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Tucows announces election of Lee Matheson and Gigi Sohn to its board of directors.
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Ting Internet, a division of Tucows, has launched its 2-gigabit fiber internet service in initial neighborhoods in Colorado Springs. Customers can sign up for $89 per month, and Ting also offers free internet to qualifying residents through the Affordable Connectivity Program. Ting is the initial anchor tenant on Colorado Springs Utilities' fiber network, which aims to serve over 200,000 addresses in the community. Ting's fiber internet is steadily expanding and expects full municipal access by the end of 2028.
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Tucows Inc

Nasdaq:TCX

TCX Rankings

TCX Stock Data

181.85M
8.76M
20.78%
74.61%
7.53%
Software - Infrastructure
Services-computer Processing & Data Preparation
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