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Tucows issues amendment to Q4 2024 earnings
Prnewswire· 2025-03-13 21:23
Core Viewpoint - Tucows Inc. reported an amendment to its unaudited financial results for Q4 and FY 2024, highlighting a reduction in non-cash impairment charges and significant net losses compared to the previous year [1][2][3]. Financial Results Summary - The net loss for Q4 2024 was $42.5 million, or a loss of $3.86 per share, compared to a net loss of $23.4 million, or a loss of $2.14 per share in Q4 2023, marking an 82% increase in loss [3][4]. - For the full year 2024, the net loss was $109.9 million, compared to a loss of $96.2 million in 2023, reflecting a 14% increase [4]. - Adjusted net income (loss) for Q4 2024 was ($15.8 million) and adjusted EPS was ($1.43), an improvement from ($22.4 million) and ($2.05) in Q4 2023, indicating a 30% reduction in adjusted net loss [3][4][16]. Revenue and Profit Analysis - Net revenues for Q4 2024 were $93.1 million, a 7% increase from $87.0 million in Q4 2023 [4][5]. - Gross profit for Q4 2024 was $21.2 million, up 19% from $17.8 million in Q4 2023 [4][5]. - Adjusted EBITDA for Q4 2024 was $12.8 million, compared to $2.6 million in Q4 2023, showing a significant improvement in operational performance [5][13]. Segment Performance - Ting Internet Services generated $15.7 million in revenue for Q4 2024, up from $13.8 million in Q4 2023 [5][6]. - Wavelo Platform Services reported revenues of $9.9 million, slightly up from $9.5 million in the same period last year [5][6]. - Tucows Domain Services saw total revenues of $65.7 million in Q4 2024, compared to $61.8 million in Q4 2023, reflecting growth in both wholesale and retail segments [5][6]. Management Commentary and Future Outlook - Management's pre-recorded audio commentary discussing the quarter and future outlook will be available on the Tucows website [17]. - Shareholders and analysts can submit questions to management, with responses to be posted on the company's website [18]. Company Overview - Tucows Inc. is a leader in internet services, providing domain services, fiber-optic internet infrastructure, and telecommunications software [19]. - The company manages approximately 25 million domain names and offers various value-added services through a global reseller network [19].
2 Unstoppable NASDAQ Stocks to Buy With $1,000 Right Now
The Motley Fool· 2025-03-11 10:00
With the markets selling off a bit, investors should examine which dominant stocks are good bargains. Much of the fear driving the sell-off is a potential trade war triggered by President Donald Trump's tariffs (or threat of tariffs).I've pinpointed two stocks that look unstoppable and will be able to weather the storm just fine: Nvidia (NVDA -5.07%) and Alphabet (GOOG -4.41%) (GOOGL -4.49%). Each looks like a strong buy now, and any further weakness is an even greater buying opportunity.NvidiaNvidia makes ...
Alphabet: No Better Time To Buy The Magnificent 7's Cheapest Stock
Seeking Alpha· 2025-03-10 11:00
Alphabet (NASDAQ: GOOGL ) (NASDAQ: GOOG ) (TSX: GOOG:CA ) and many other stocks have seen a recent sell-off pertaining to a trade war. Even so, it remains the magnificent 7's cheapest stock by quite some distance. As the conglomerate rollsAt Investors' Edge, we specialise in identifying undervalued companies with strong fundamentals and great growth potential. Our rigorous value investing approach combines thorough fundamental analysis with a focus on companies trading significantly below their intrinsic va ...
百度2024年Q4财报:AI驱动智能云业务营收同比增长26%,AI收入同比增三倍
IPO早知道· 2025-02-18 14:15
云的强劲增长源自于市场对百度AI能力的广泛认可。 本文为IPO早知道原创 作者|Stone Jin 微信公众号|ipozaozhidao 据IPO早知道消息,百度于2月18日晚间发布了2024年第四季度及全年财报。 财报显示,2024年百度总营收1331亿元,归属百度核心的净利润234亿元,同比增长21%。其 中, 智能云业务在四季度增长强劲,营收同比增长26%,经营利润率持续增长;2024年,智能云 AI相关收入同比增长近3倍 。 2024年,文心大模型日均调用量持续高速增长,与 2 023年同期的5000万次相比,一年增长33倍 至16.5亿。 近期,百度宣布将在未来几个月中陆续推出文心大模型4.5系列,并于6月30日起正式开 源;文心一言自4月1日起全面免费,所有PC端和APP端用户均可体验文心系列最新模型。 公开信息显示,在2024大模型中标项目中,百度智能云在中标项目数、行业覆盖数、央国企中标项 目数三个维度,均获第一;百度智能云已成功点亮昆仑芯三代万卡集群,未来还将进一步点亮三万卡 集群。 百度创始人、董事长兼首席执行官李彦宏表示 , "2024年是我们从以互联网为中心转向以人工智能 为先的关键一 ...
GoDaddy(GDDY) - 2024 Q4 - Earnings Call Transcript
2025-02-13 23:02
GoDaddy (GDDY) Q4 2024 Earnings Call February 13, 2025 05:00 PM ET Company Participants Christie Masoner - VP of Investor RelationsAman Bhutani - CEOMark McCaffrey - CFOJosh Beck - Managing DirectorRobert Coolbirth - Vice President - Internet Equity ResearchChris Kuntarich - Internet Equity ResearchAlec Brondolo - Director - Equity ResearchJohn Byun - Senior VPNaved Khan - Managing Director - Equity Research Conference Call Participants Vikram Kesavabhotla - Senior Research AnalystKen Wong - Managing Direct ...
Verisign(VRSN) - 2024 Q4 - Earnings Call Transcript
2025-02-06 22:30
VeriSign (VRSN) Q4 2024 Earnings Call February 06, 2025 04:30 PM ET Company Participants David Atchley - Vice President, Investor Relations & Corporate TreasurerJames Bidzos - CEO & Executive Chairman of the BoardGeorge Kilguss - Executive VP & CFO Conference Call Participants Rob Oliver - Senior Research AnalystYgal Arounian - Analyst Operator Good day, everyone. Welcome to VeriSign's Fourth Quarter and Full Year twenty twenty four Earnings Call. Today's conference is being recorded. Recording of this call ...