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TC Tucows News Story

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Brief: Tucows Q2 Net Income USD -15.637 Million

Overview

Tucows Q2 revenue up 10% to $98.5 mln, driven by strong segment performance

Net loss narrows to $15.6 mln

Adjusted EBITDA rises 37% to $12.6 mln, aided by revenue growth and cost control

Outlook

Tucows focuses on improving capital and operational efficiency

Company highlights Ting's shift to a capital-light model

Tucows emphasizes AI-driven efficiencies across the company

Result Drivers

SEGMENT PERFORMANCE - Revenue growth driven by strong performance in Wavelo, Tucows Domains, and Ting

COST DISCIPLINE - Rigorous cost control and capital-light model at Ting contributed to Adjusted EBITDA growth

LEASE IMPACT - Ting's gross margin affected by a one-time non-cash lease expense adjustment

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 Revenue$98.46 mln
Q2 Net Income-$15.64 mln
Q2 Adjusted EBITDA$12.58 mln
Q2 Gross Profit$22.11 mln
Press Release: ID:nCNWW6WqBa (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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