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Tucows, Inc. - TCX STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tucows's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tucows's position in the market.

Rhea-AI Summary
Tucows Inc. announced the timing for the release of its Q1 2024 financial results and management commentary. The financial results for the first quarter ended March 31, 2024, will be disclosed through a news release on Thursday, May 9, 2024, at 5:05 p.m. ET. Management's commentary on the quarter and the Company's outlook will be available on the Tucows website. Shareholders, analysts, and investors can submit questions to management until May 16, 2024, with responses to be posted on the website on May 28, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.45%
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Rhea-AI Summary
Wavelo, a modern software provider for telecom operators, signs three new customers and showcases impressive growth with revenue of $38.7 million USD and over $10 million USD in adjusted EBITDA. The company aims to optimize billing and provisioning processes for CSPs worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.03%
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none
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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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.03%
Tags
buyback
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.03%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
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none
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.87%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
18.09%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.81%
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none
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Rhea-AI Summary
Tucows Inc. announces timing for Q3 2023 financial results news release and management commentary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
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Rhea-AI Summary
Tucows Inc. announces new credit facility with Bank of Montreal
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
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Tucows, Inc.

Nasdaq:TCX

TCX Rankings

TCX Stock Data

196.82M
9.06M
8.68%
78.88%
9.03%
Data Processing, Hosting, and Related Services
Information
Link
Canada
Toronto

About TCX

tucows is a global internet services company. opensrs (opensrs.com) manages over twelve million domain names and millions of value-added services through a reseller network of over 13,000 web hosts and isps. hover (hover.com) is the easiest way for individuals and small businesses to manage their domain names and email addresses. ting.com (ting.com) is a mobile phone service provider dedicated to bringing clarity and control to us mobile phone users. yummynames (yummynames.com) owns and operates premium domain names that generate revenue through advertising or resale. more information can be found on tucows' corporate website (tucows.com).