earnings
confidence high
sentiment negative
materiality 0.50
Tucows amends Q4 2024 earnings: lowers impairment charge by $2.81M, revises net loss
TUCOWS INC /PA/
- Net loss revised to $42.5M for Q4 2024 ($3.86 loss per share); full-year loss $109.9M ($10.02 per share).
- Non-cash impairment charge on property and equipment reduced by $2.81M due to updated valuation inputs.
- Adjusted net loss for Q4 2024 is $15.8M ($1.43 loss per share) vs $22.4M loss in Q4 2023.
- Q4 2024 net revenues $93.1M (+7% YoY); gross profit $21.2M (+19% YoY).