Tucows Q3 2024 revenue up 6% to $92.3M; adjusted EBITDA jumps 94% to $8.7M

TUCOWS INC /PA/

Net revenue $92.3M, +6.1% YoY; gross profit $22.2M, +32.4% YoY.
Adjusted EBITDA $8.7M, up from $4.5M in Q3 2023, driven by Ting and Domains gains.
Net loss narrowed to $22.3M ($2.03/share) from $22.8M ($2.09/share) YoY.
Ting fiber services revenue $15.3M (+19%); Ting adjusted EBITDA improved to -$5.1M vs -$12.2M.
Tucows Domains revenue $64.7M (+6%); Wavelo platform revenue $10.1M (-9%).

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