secwatch.observer — SEC 8-K summary
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Issuer:     TUCOWS INC /PA/ (TCX)
CIK:        0000909494
Form:       8-K
Filed at:   2024-08-12T23:59:59+00:00
Accession:  0001437749-24-026044
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Tucows Q2 2024 revenue up 5.2% to $89.4M, adjusted EBITDA up 70% to $9.2M
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- Revenue $89.4M (+5.2% YoY), gross profit $20.8M (+15.4% YoY), driven by Ting and Domains.
- Net loss narrowed to $18.6M ($1.70 loss per share) from $31.0M ($2.86 loss per share) in Q2 2023.
- Adjusted EBITDA $9.2M, +70% YoY; cash and equivalents $52.2M, down from $79.4M in Q1 2024.
- Ting fiber revenue $14.6M, gross margin $9.8M, segment adj EBITDA loss improved to $6.4M from $10.3M.
- Domains revenue $62.4M (adj EBITDA $11.2M); Wavelo revenue $10.5M (adj EBITDA $3.9M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/909494/000143774924026044/0001437749-24-026044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/909494/000143774924026044/tcx20240807_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-026044

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