Tucows Q2 2021 revenue $75.1M (-8.6% YoY); net income $1.8M up 1,051% on Ting asset gain

TUCOWS INC /PA/

2021-Q2 EPS reported $0.37 revenue$145,968,000

Net revenue $75.1M (down 8.6% YoY) due to absence of Ting Mobile MVNO revenue after sale to DISH.
Net income $1.8M ($0.17 EPS) vs $0.2M ($0.01 EPS) in Q2 2020; gain on sale of Ting assets $4.8M.
Adjusted EBITDA $11.2M vs $12.2M in Q2 2020; impacted by continued investment in Ting Fiber.
Domain Services revenue +5% YoY to $62.3M; Fiber Internet revenue +32% YoY to $5.8M.
Ting Fiber saw record capital expenditure and passed address additions; net sub additions up 47% from Q1.

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