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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NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100