Tucows Inc. Reports 8% Revenue Increase, Narrows Net Loss to $15.1 Million, EPS Loss Reduces to $1.37 in Q1 2025

Reuters
05-09
<a href="https://laohu8.com/S/TCX">Tucows</a> Inc. Reports 8% Revenue Increase, Narrows Net Loss to $15.1 Million, EPS Loss Reduces to $1.37 in Q1 2025

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. These financial results underscore the progress Tucows is making towards long-term improvement and sustainability in its operations.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Tucows Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: TO83952) on May 08, 2025, and is solely responsible for the information contained therein.

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