Tucows Reports Narrower Y/Y Loss in Q3 and 6.1% Revenue Increase

Tucows Inc.’s (TCX) third-quarter 2024 results reflect a clear focus on revenue and margin improvement, driven largely by the Ting Internet and Tucows Domain segments. The company emphasized capital efficiency in the Ting Internet business through a strategic pivot and workforce reduction. These efforts have helped mitigate the impacts of network-related depreciation and amortization costs.Q3 ResultsThe company reported a third-quarter 2024 net loss of $2.03 per share, narrower than the $2.09 loss in the ye ...