Loading...
•
Dec 31, 2022
Tucows Q4 2022 Earnings Report
Tucows weathered macroeconomic uncertainty and capital constraints.
Key Takeaways
Tucows reported a decrease in net revenue for Q4 2022, primarily due to reduced one-time professional services revenues and a revenue recognition impact related to the DISH agreement, which offset the growth of revenue from Ting.
Net revenue decreased by 4.3% to $79 million compared to Q4 2021.
Gross profit decreased by 30.8% to $17.0 million compared to Q4 2021.
Net loss was $13.4 million, or a loss of $1.25 per share, compared to a net loss of $2.0 million, or $0.18 per share, in Q4 2021.
Adjusted EBITDA decreased by 47% to $6.7 million compared to Q4 2021.
Forward Guidance
Management’s pre-recorded audio commentary (and transcript), discussing the quarter and outlook for the Company will be posted to the Tucows website.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...