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.
Tucows (NASDAQ: TCX) announced it will release its Q4 2022 financial results on February 9, 2023, at 5:05 p.m. ET. Alongside the news release, management will share a pre-recorded audio commentary discussing the quarter's performance and future outlook, available on their website. Investors and analysts can submit questions to management until February 16, 2023, with responses provided by February 28, 2023. This release is crucial for stakeholders as it provides insights into Tucows’ financial health and strategic direction.
Tucows Inc. (NASDAQ: TCX) reported a 2.8% increase in total revenue for Q3 2022, reaching $78.1 million, with significant growth in its Ting segment, where revenue surged 71% year-over-year. However, the company faced net losses of $8.0 million (or $0.74 per share), compared to a net income of $1.4 million in Q3 2021. Year-to-date revenue rose 9% to $242 million. Adjusted EBITDA also decreased by 35% to $7.9 million, primarily due to investments in Wavelo and Ting.
Tucows Inc. (NASDAQ: TCX) has announced it will release its third quarter 2022 financial results on November 3, 2022, at 5:05 p.m. ET. In addition to the financial results, a pre-recorded audio commentary discussing the quarter's performance and future outlook will be available on the Tucows website. Shareholders and analysts can submit questions until November 10, 2022, with responses to be posted on November 22, 2022. Tucows provides services in internet access and domain management, managing around 25 million domain names.
Tucows Inc. (NASDAQ: TCX) reported strong financial results for Q2 2022, with net revenue increasing 11% year-over-year to $83.1 million and gross profit up 21% to $22.1 million. The growth was driven by strong performance in both Ting Internet Services and Wavelo Platform Services. However, the company faced a net loss of $3.1 million due to accelerated investments in Ting's fiber network, impacting earnings per share which fell to ($0.29). Adjusted EBITDA grew by 5% to $11.7 million, supported by Wavelo's growth.
Ting Fiber, a subsidiary of Tucows (NASDAQ: TCX), has secured up to $200 million USD in financing from Generate Capital, aimed at accelerating the deployment of next-generation communications infrastructure in the U.S. The financing includes $60 million funded at close and $140 million tied to operational milestones. This partnership is expected to enhance Ting's expansion across 15 markets, contributing to building resilient, sustainable communities and advancing the rollout of fiber networks.
Tucows Inc. (NASDAQ: TCX) will announce its Q2 2022 financial results on August 9, 2022, at 5:05 p.m. ET. Alongside the financial release, a pre-recorded management commentary discussing the quarter and future outlook will be available on Tucows' website. Shareholders and analysts can submit questions until August 16, with follow-up responses posted by August 25. Tucows specializes in internet access technology, providing domain services and fiber-optic infrastructure.
Ting Internet, a division of Tucows (NASDAQ: TCX), will introduce Alexandria's first city-wide fiber internet service. Construction is set to begin in summer 2022, aiming to connect over 90,000 addresses. This initiative, awarded by the City of Alexandria, is expected to enhance digital accessibility through a partnership program that offers no-cost fiber access to select affordable housing units. Additionally, the project is projected to create numerous local jobs, enriching the community economically and technologically.
Tucows Inc. (NASDAQ: TCX) reported strong first-quarter results for 2022, with net revenue increasing by 14% year-over-year to $81.1 million. Gross profit rose 22% to $21.2 million, driven by growth in Ting Internet Services and Wavelo Platform Services. However, the company reported a net loss of $3.0 million or $0.28 per share, due to increased expenses from its fiber network buildout. Adjusted EBITDA decreased by 11% to $11.3 million. Cash and cash equivalents stood at $6.2 million.
Tucows (NASDAQ: TCX) will release its Q1 2022 financial results on May 5, 2022, at 5:05 p.m. ET. Alongside the release, management will provide a pre-recorded commentary on the quarter and future outlook, available on their website. Investors can submit questions from May 5 until May 13, with responses posted by May 25 at 4 p.m. ET. Tucows continues to focus on expanding internet access through its services, including Ting and Wavelo, which manage millions of domain names and provide fiber-optic infrastructure.
