TORONTO, Nov. 7, 2024 /CNW/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the third quarter ended September 30, 2024. All figures are in U.S. dollars.

"Tucows finished the third quarter of 2024 with strong year-over-year growth of revenue, gross profit and adjusted EBITDA. We have focused on generating revenue and margin gains, and as importantly, we have implemented cost controls across all of our businesses, said Elliot Noss, Tucows President and CEO. In our Ting business, we recently undertook a second reduction in workforce as part of a capital efficiency plan and operational pivot towards maximizing penetration and contribution of existing network footprints. We also continued to deleverage the business with payments on the syndicated debt using cash flow from Wavelo and Tucows Domains."

TORONTO, Nov. 7, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the third quarter ended September 30, 2024. All figures are in U.S. dollars.

"Tucows finished the third quarter of 2024 with strong year-over-year growth of revenue, gross profit and adjusted EBITDA. We have focused on generating revenue and margin gains, and as importantly, we have implemented cost controls across all of our businesses, said Elliot Noss, Tucows President and CEO. In our Ting business, we recently undertook a second reduction in workforce as part of a capital efficiency plan and operational pivot towards maximizing penetration and contribution of existing network footprints. We also continued to deleverage the business with payments on the syndicated debt using cash flow from Wavelo and Tucows Domains."

TORONTO, Oct. 31, 2024 /CNW/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, has implemented a capital efficiency plan, including a significant layoff in its Ting business, in order to cut expenses and move towards Ting becoming self-sufficient. There were also layoffs at the Tucows head office level, as part of a shared services reorganization.

The plan includes a reduction in headcount that impacts approximately 42% of Ting's workforce and 17% of Tucows' total workforce. "This decision was a difficult one and I want to acknowledge the impact it will have on the employees who are leaving," said Tucows President and Chief Executive Officer, Elliot Noss. "These are hardworking people who have made significant contributions to the Company, and their dedication will be remembered. We do not take these measures lightly, and this decision was made with the deepest consideration for the future of the Ting business and its continued sustainability."

TORONTO, Oct. 31, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, has implemented a capital efficiency plan, including a significant layoff in its Ting business, in order to cut expenses and move towards Ting becoming self-sufficient. There were also layoffs at the Tucows head office level, as part of a shared services reorganization.

The plan includes a reduction in headcount that impacts approximately 42% of Ting's workforce and 17% of Tucows' total workforce. "This decision was a difficult one and I want to acknowledge the impact it will have on the employees who are leaving," said Tucows President and Chief Executive Officer, Elliot Noss. "These are hardworking people who have made significant contributions to the Company, and their dedication will be remembered. We do not take these measures lightly, and this decision was made with the deepest consideration for the future of the Ting business and its continued sustainability."

TORONTO, Oct. 24, 2024 /CNW/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced that it will report its financial results for the third quarter ended September 30, 2024, via news release on Thursday, November 7, 2024 at 5:05 p.m. ET.

Concurrent with the dissemination of its quarterly financial results news release at 5:05 p.m. ET on Thursday, November 7, 2024, management's pre-recorded audio commentary and transcript discussing the quarter and outlook for the Company will be posted to the Tucows website at http://www.tucows.com/investors/financials.

TORONTO, Oct. 24, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC) today announced that it will report its financial results for the third quarter ended September 30, 2024, via news release on Thursday, November 7, 2024 at 5:05 p.m. ET.

Concurrent with the dissemination of its quarterly financial results news release at 5:05 p.m. ET on Thursday, November 7, 2024, management's pre-recorded audio commentary and transcript discussing the quarter and outlook for the Company will be posted to the Tucows website at http://www.tucows.com/investors/financials.

TORONTO, Aug. 20, 2024 /CNW/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), announced today that its subsidiary, Ting Fiber, LLC ("Ting"), has closed an offering by one of its subsidiaries for $63 million. The offering consists of Series 2024-1 Fixed Rate Senior Secured Notes, Class A-2 and Class B, (collectively, the "Notes"), maturing August 2054. All figures are in U.S. dollars.

Ting will use the net proceeds from the Notes to fund the expansion of its fiber networks, create capacity for growth, and other general corporate purposes, including paying the fees and expenses related to the issuance of the Notes.

TORONTO, Aug. 20, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), announced today that its subsidiary, Ting Fiber, LLC ("Ting"), has closed an offering by one of its subsidiaries for $63 million. The offering consists of Series 2024-1 Fixed Rate Senior Secured Notes, Class A-2 and Class B, (collectively, the "Notes"), maturing August 2054. All figures are in U.S. dollars.

Ting will use the net proceeds from the Notes to fund the expansion of its fiber networks, create capacity for growth, and other general corporate purposes, including paying the fees and expenses related to the issuance of the Notes.

TORONTO, Aug. 8, 2024 /CNW/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the second quarter ended June 30, 2024. All figures are in U.S. dollars.

"We finished the second quarter of 2024 with strong year-over-year growth of consolidated revenue, gross profit and adjusted EBITDA, driven by a solid quarter from Ting with robust subscriber growth, gross margin increases and a lower operating loss, which is on track with our expectations," said Elliot Noss, Tucows President and CEO. "We also continued to deleverage the business with payments on the syndicated debt using cash flow from Wavelo and Tucows Domains."

TORONTO, Aug. 8, 2024 /PRNewswire/ - Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global internet services leader, today reported its financial results for the second quarter ended June 30, 2024. All figures are in U.S. dollars.

"We finished the second quarter of 2024 with strong year-over-year growth of consolidated revenue, gross profit and adjusted EBITDA, driven by a solid quarter from Ting with robust subscriber growth, gross margin increases and a lower operating loss, which is on track with our expectations," said Elliot Noss, Tucows President and CEO. "We also continued to deleverage the business with payments on the syndicated debt using cash flow from Wavelo and Tucows Domains."