Tucows Q2 EPS $(2.86) Down From $(0.29) YoY, Sales $84.98M Up From $83.08M YoY
Portfolio Pulse from saritha@benzinga.com
Tucows (NASDAQ:TCX) reported Q2 losses of $(2.86) per share, a 886.21% decrease YoY. However, the company's sales increased by 2.28% to $84.98 million compared to $83.08 million in the same period last year.
August 04, 2023 | 2:38 pm
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NEUTRAL IMPACT
Tucows reported a significant YoY decrease in Q2 earnings but a slight increase in sales. This mixed result could lead to uncertainty in the market.
Tucows reported a significant decrease in earnings, which could negatively impact the stock price. However, the increase in sales could offset this impact, leading to a neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100