Tucows(TCX)

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Ting completes a second asset-backed securitization for $63 million to support its fiber network expansion
Prnewswire· 2024-08-20 21:01
TORONTO, Aug. 20, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), announced today that its subsidiary, Ting Fiber, LLC ("Ting"), has closed an offering by one of its subsidiaries for $63 million. The offering consists of Series 2024-1 Fixed Rate Senior Secured Notes, Class A-2 and Class B, (collectively, the "Notes"), maturing August 2054. All figures are in U.S. dollars. Ting will use the net proceeds from the Notes to fund the expansion of its fiber networks, create capacity for growth, and other ...
Tucows(TCX) - 2024 Q2 - Quarterly Results
2024-08-12 19:25
Exhibit 99.1 Monica Webb, Vice President, Investor Relations mwebb@tucows.com I 647.898.9924 Tucows Reports Financial Results for Second Quarter 2024 TORONTO, August 8, 2024 – Tucows Inc. (NASDAQ:TCX, TSX:TC), a global internet services leader, today reported its financial results for the second quarter ended June 30, 2024. All figures are in U.S. dollars. "We finished the second quarter of 2024 with strong year-over-year growth of consolidated revenue, gross profit and adjusted EBITDA, driven by a solid qu ...
Tucows (TCX) Q2 Earnings & Revenues Rise Y/Y on Solid Segments
ZACKS· 2024-08-12 17:11
Tucows Inc. (TCX) reported a narrower net loss in the second quarter of 2024, driven by solid revenue growth across its key segments and improved cost management, particularly within its Ting Internet Services division. Despite ongoing challenges related to increased network-related expenses, TCX saw notable improvements in gross profit and adjusted EBITDA, reflecting the company's strategic focus on operational efficiencies and scaling its infrastructure. The continued execution of a deleveraging strategy, ...
Tucows(TCX) - 2024 Q2 - Quarterly Report
2024-08-08 21:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | |---------------------------------------------------------------------------------------------|-----------------------------------------------------| | | | | For the trans ...
Tucows Reports Financial Results for Second Quarter 2024
Prnewswire· 2024-08-08 21:05
TORONTO, Aug. 8, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the second quarter ended June 30, 2024. All figures are in U.S. dollars. "We finished the second quarter of 2024 with strong year-over-year growth of consolidated revenue, gross profit and adjusted EBITDA, driven by a solid quarter from Ting with robust subscriber growth, gross margin increases and a lower operating loss, which is on track with our expectation ...
Tucows Announces Timing for Q2 2024 Financial Results News Release and Management Commentary
Prnewswire· 2024-07-25 21:00
Concurrent with the dissemination of its quarterly financial results news release at 5:05 p.m. ET on Thursday, August 8, 2024, management's pre-recorded audio commentary and transcript discussing the quarter and outlook for the Company will be posted to the Tucows website at http://www.tucows.com/investors/financials. SOURCE Tucows Inc. About Tucows Following management's prepared commentary, for the subsequent seven days, until Thursday, August 15, 2024, shareholders, analysts and prospective investors can ...
Tucows Announces Voting Results from 2024 Annual Meeting of Shareholders
Prnewswire· 2024-07-11 20:52
1. Election of Directors TORONTO, July 11, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) The following matters were voted upon at the Tucows Annual Meeting of Shareholders held on June 20, 2024. Each of the matters is described in greater detail in the 2024 Notice of Annual Meeting of Shareholders and Proxy Statement, available at www.tucows.com/investors/filings. Each of the eight nominees listed in the Tucows Proxy Statement dated May 10, 2024, was elected as a director to serve until the next a ...
Tucows Announces Hiring of Ivan Ivanov as new Chief Financial Officer
Prnewswire· 2024-06-28 13:10
TORONTO, June 28, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, announced today that it has named Ivan Ivanov as its new Chief Financial Officer (CFO), effective August 5, 2024. Ivanov assumes the role from Dave Singh—who has been with Tucows since 2017— as he steps down to pursue other opportunities. SOURCE Tucows Inc. "I am excited to welcome Ivan to the Tucows family. Ivan is an accomplished business leader with highlyrelevant financial expertise, including s ...
Zacks Initiates Coverage of Tucows With Neutral Recommendation
ZACKS· 2024-06-10 13:40
Tucows' growth is highlighted by a 25.6% year-over-year increase in Ting Internet subscribers and an 8.7% rise in net revenues for the first quarter of 2024. These improvements are driven by the expansion of serviceable addresses and robust performances across all segments. Ting Internet provides high-speed internet services through Gigabit Fiber and Fixed Wireless, focusing on both consumer and business markets in the United States. Ting's strategic expansion has led to a 22.5% year-overyear increase in se ...
Wavelo launches new product catalog to help telecom operators compete for customer retention and acquisition
Prnewswire· 2024-06-10 11:05
TORONTO, June 10, 2024 /PRNewswire/ - Earlier today, Wavelo—a software company modernizing telecom operations—launched a new product catalog that will unlock a critical advantage for communication service providers (CSPs) globally as they compete for customer retention and acquisition. As the backbone of any successful telecom operation, an effective product catalog provides a comprehensive overview of available offerings and drives customer engagement. Once established, a flexible product catalog allows op ...