Tucows Q1 EPS $(2.42) Down From $(1.77) YoY, Sales $87.50M Up From $80.43M YoY
Portfolio Pulse from Benzinga Newsdesk
Tucows reported a Q1 EPS loss of $(2.42), a 36.72% decrease from $(1.77) YoY, with sales rising 8.79% to $87.50M from $80.43M YoY.
May 09, 2024 | 10:01 pm
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Tucows reported a larger Q1 EPS loss of $(2.42) compared to last year's $(1.77), despite an 8.79% increase in sales to $87.50M.
The significant increase in losses YoY, despite higher sales, suggests operational or cost challenges that could negatively impact investor sentiment and the stock price in the short term.
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