secwatch.observer — SEC 8-K summary
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Issuer:     TUCOWS INC /PA/ (TCX)
CIK:        0000909494
Form:       8-K
Filed at:   2024-02-26T23:59:59+00:00
Accession:  0001437749-24-005502
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tucows Q4 2023 revenue up 10% to $87M; net loss widens to $23.4M; Adj EBITDA down 62%
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- Revenue $87.0M (+10.2% YoY); net loss -$23.4M (-$2.14/sh) vs -$13.4M (-$1.25) in Q4 2022.
- Adjusted EBITDA $2.6M vs $6.7M a year ago, down 62% on Ting investment.
- Wavelo revenue surged to $9.5M from $4.5M, segment EBITDA turned positive at $2.6M.
- Ting Fiber revenue $13.8M but segment EBITDA -$12.4M; operating cash flow $9.0M (vs $2.9M).
- Full year net loss -$96.2M vs -$27.6M; Adj EBITDA $15.5M vs $37.6M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909494/000143774924005502/0001437749-24-005502-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909494/000143774924005502/tcx20240223c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-005502

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer