Tucows Q3 EPS $(2.09) Down From $(0.74) YoY, Sales $86.97M Up From $78.05M YoY
Portfolio Pulse from bharat@benzinga.com
Tucows (NASDAQ:TCX) reported Q3 losses of $(2.09) per share, a 182.43% decrease YoY. However, the company's sales increased by 11.43% to $86.97 million compared to the same period last year.
November 02, 2023 | 9:13 pm
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NEGATIVE IMPACT
Tucows reported a significant increase in losses per share in Q3, but also an increase in sales compared to last year.
The significant increase in losses per share could negatively impact Tucows' stock price in the short term. However, the increase in sales might offset some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100