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Reports 8% Revenue Increase, Narrows Net Loss to $15.1 Million, EPS Loss Reduces to $1.37 in Q1 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2534195362","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534195362?lang=en_us&edition=fundamental","pubTime":"2025-05-09 06:17","pubTimestamp":1746742637,"startTime":"0","endTime":"0","summary":"Tucows Inc. has reported its unaudited financial results for the first quarter ended March 31, 2025. The company achieved consolidated net revenue of $94.6 million, marking an 8.2% increase from the $87.5 million recorded in the first quarter of 2024. Gross profit saw a significant rise of 28.5%, reaching $23.5 million compared to $18.3 million in the same period the previous year. The net loss for the first quarter of 2025 narrowed considerably to $15.1 million, compared to a net loss of $26.5 million for the first quarter of 2024. This improvement was attributed to strong revenue growth across all three of Tucows' businesses and cost optimization efforts, which also contributed to a reduction in the company's syndicated debt. 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All figures are in U.S. dollars.\"On the heels of four years of strong revenue growth, we are very pleased with our first quarter results,\" said Elliot Noss, President and CEO of Tucows. \"All three of our businesses delivered year-over-year gains, with an 8% increase in consolidated revenue, a 29% increase in gross profit, and a more than threefold improvement in Adjusted EBITDA compared to Q1 last year. Importantly, we achieved a substantial year-over-year reduction in net loss through strong revenue growth and cost optimization initiatives. We also continued to deleverage the business with payments on our syndicated debt. The progress we are making across the organization positions us well for continued improvement in 2025 and beyond.\"","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TCX"],"gpt_icon":0},{"id":"2534606271","title":"Tucows Q1 EPS $(1.37) Up From $(2.42) YoY, Sales $94.61M Up From $87.46M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2534606271","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2534606271?lang=en_us&edition=fundamental","pubTime":"2025-05-09 05:29","pubTimestamp":1746739774,"startTime":"0","endTime":"0","summary":"Tucows (NASDAQ:TCX) reported quarterly losses of $(1.37) per share. 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