Tucows Reports Financial Results for Fourth Quarter 2023 [Yahoo! Finance]
Tucows Inc. (TCX)
NASDAQ:AMEX Investor Relations:
tucows.com/investors
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Source: Yahoo! Finance
"We finished 2023 at the high end of our range for Adjusted EBITDA guidance, a result driven by robust growth from Wavelo and consistent performance of Tucows Domains," said Elliot Noss , Tucows President and CEO. "Consolidated revenue grew 10% year over year, which, along with a strong finish to the year, helped drive operating cash flow up to $9.0 million in the fourth quarter, up from $2.9 million in Q4 of last year. We continue to make growth investments and direct cash flow to build the Ting and Wavelo businesses, while also managing our debt. In Q4, we further deleveraged the business with payments on the syndicated debt using cash flow from Wavelo and Tucows Domains." Financial Results Consolidated net revenue for the fourth quarter of 2023 increased 10.2% to $87.0 million from $78.9 million for the fourth quarter of 2022. The growth in Wavelo, Ting and Domains revenues was offset by a small decrease in revenue from Tucows Corporate. Gross profit for the fourth quarter o
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News
- Wavelo adds global sales leader as demand for flexible telecom software increases [Yahoo! Finance]Yahoo! Finance
- Wavelo adds global sales leader as demand for flexible telecom software increasesPR Newswire
- Tucows Announces Timing for Q1 2024 Financial Results News Release and Management CommentaryPR Newswire
- Start. Scale. Exit. Repeat. Recognized as Finalist for IBPA Benjamin Franklin Award™ [Yahoo! Finance]Yahoo! Finance
- Tucows Inc. (NASDAQ: TCX) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
TCX
Sec Filings
- 4/17/24 - Form 8-K
- 4/2/24 - Form 4
- 4/1/24 - Form 10-K
- TCX's page on the SEC website