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. (NASDAQ: TCX, TSX: TC) generates a steady stream of news as a global internet services company active in communications service technology, domain services, and fiber‑optic internet infrastructure. This news page aggregates press releases and media coverage related to Tucows, its operating segments, and its subsidiaries.
Readers can follow updates on Tucows Domains, which manages tens of millions of domain names and provides wholesale, retail, and registry services through a large global reseller network. News items in this area often cover domain industry partnerships, such as Tucows Registry’s agreement to provide back‑end registry services for Radix’s portfolio of top‑level domains, as well as developments in value‑added services for web hosts and ISPs.
Wavelo, Tucows’ telecom software subsidiary, is frequently featured in announcements about event‑driven software solutions for communications service providers. Coverage includes product launches like the "Free Your Data" offering, which aims to unlock data in legacy BSS/OSS systems and support AI strategies, as well as industry recognition such as TM Forum Customer Experience Management Conformance Certification.
Ting Internet appears in Tucows’ financial and strategic updates as the company reports on its fiber internet services and the evolution of Ting’s capital‑light model. Earnings releases provide segment‑level revenue, gross profit, and Adjusted EBITDA figures for Ting Internet, Wavelo, and Tucows Domains, along with commentary on margin expansion, capital efficiency, and AI‑driven efficiencies.
Investors and observers can also track corporate governance and leadership news, including board composition, committee leadership, and executive succession. Examples include the election of a diverse board with expertise in finance, technology, and data analytics, and the appointment of a new President and CEO drawn from Tucows Domains leadership.
Bookmark this page to review Tucows’ quarterly financial results, segment performance, strategic partnerships, product announcements from Wavelo, domain registry developments, and governance updates, all in one place.
Tucows (NASDAQ: TCX) has scheduled its Q1 2025 financial results announcement for May 8, 2025, at 5:05 p.m. ET. The company will release its results for the quarter ended March 31, 2025, via news release.
Management will provide pre-recorded audio commentary and transcript discussing the quarterly performance and company outlook, which will be available on the Tucows website immediately following the results release. Shareholders, analysts, and potential investors can submit questions to management at ir@tucows.com until May 15, 2025. Responses will be posted on the company website on May 27, 2025, at approximately 5 p.m. ET.
Tucows (NASDAQ: TCX) has announced five new nominations to its Board of Directors for the upcoming Annual Meeting of Shareholders, as detailed in the 2025 Proxy Statement. The nominees include Dr. Sandra Matz, Laurenz Malte Nienaber, Allen Taylor, Jeffrey Tory, and Stephan Uhrenbacher, joining returning directors Marlene Carl, Lee Matheson, and Elliot Noss.
The new nominees bring diverse expertise across finance, technology, marketing, and entrepreneurship. Dr. Matz is a Columbia Business School professor specializing in behavioral science, Nienaber brings investment strategy experience from LMN Capital, Taylor offers financial expertise from GTD Partners, Tory contributes investment knowledge from Pembroke Management, and Uhrenbacher adds tech entrepreneurship experience.
Five departing board members - Robin Chase, Erez Gissin, Allen Karp, Jeffrey Schwartz, and Gigi Sohn - are not seeking re-election. The board refresh aligns with Tucows' strategic focus on innovation across its Ting Internet, Tucows Domains, and Wavelo businesses.
Tucows (NASDAQ:TCX) has amended its Q4 2024 financial results, reducing a previously disclosed non-cash impairment charge for property and equipment by $2.81 million. The company reported a net loss of $42.5 million ($3.86 per share) in Q4 2024, compared to a net loss of $23.4 million ($2.14 per share) in Q4 2023.
The increased loss was primarily attributed to one-time impairment in Ting, restructuring charges, and increased interest expense. Excluding impairment, restructuring items, and transition costs, the Adjusted net loss was $15.8 million ($1.43 per share) in Q4 2024, compared to an Adjusted net loss of $22.4 million ($2.05 per share) in Q4 2023.
Tucows (NASDAQ: TCX) reported its Q4 and full-year 2024 results, marking its fourth consecutive year of revenue growth. Q4 consolidated net revenue increased 7.1% to $93.1 million, with gross profit up 19% to $21.2 million. However, the company recorded a net loss of $45.3 million ($4.11 per share) in Q4, primarily due to one-time impairment charges in Ting and restructuring costs.
Adjusted EBITDA for Q4 2024 showed significant improvement, increasing 403% to $12.8 million from $2.6 million in Q4 2023, driven by revenue growth from Domains and Ting businesses, along with improved cost management. The company's cash position at the end of Q4 2024 stood at $73.2 million, down from $91.1 million in Q3 2024.
The company made progress in deleveraging its business, using cash flow from Wavelo and Tucows Domains to reduce syndicated debt. Despite one-time charges affecting Q4 profitability, management reported meaningful improvements across key financial metrics through revenue and cost optimization.
Tucows (NASDAQ: TCX) has announced a new $40 million stock buyback program approved by its Board of Directors. The program will run from February 14, 2025, to February 13, 2026, replacing the previously announced $40 million buyback program that began February 23, 2024. Purchases will be made exclusively through the Nasdaq Capital Market.
The company will retire and return to treasury any shares purchased under this program. With 11,030,156 common shares outstanding as of February 12, 2025, Tucows maintains discretion over the timing and volume of purchases, which will depend on cash availability and market conditions. The buyback will be funded through working capital and existing credit facilities. The company has specified it won't purchase shares from management or insiders.
Wavelo, a provider of event-driven software solutions for telecom, has secured a four-year contract renewal with EchoStar's Boost Mobile. The renewed partnership extends the relationship established in 2020 when Wavelo launched its cloud-based software platform. Boost Mobile, which offers wireless services covering 99% of the U.S., has been utilizing Wavelo's software for critical ordering, billing, and provisioning functions to enhance customer experience.
The partnership continuation supports Boost Mobile's position as the newest nationwide network in the U.S. Additional details about the contract will be disclosed in Tucows' Q4 2024 management remarks, scheduled for February 13, 2025.