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January 21, 2020 05:54

You are browsing the archive for NASDAQ:TCX.

More companies should emulate Tucows’ new earnings call format

Format leads to higher quality questions and answers. Last month Tucows (NASDAQ: TCX) held an unusual earnings conference call. Rather than a live call with analysts asking questions, the company pre-recorded the prepared remarks portion of the call. It then invited analysts and shareholders to submit questions in writing, to which Tucows would respond. I […]

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My thoughts on Tucows’ earnings report

Tucows reported nice increases in revenue and income. There are changes afoot in its business, though. Tucows (NASDAQ:TCX) reported first quarter earnings after the market closed Wednesday. The headline numbers are: Net revenue up 38% YoY to $95.8 million Net income up 53% YoY to 3.7 million Adjusted EBITDA up 64% YoY to $10.4 million […]

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Consensus be damned: here’s how transfers will work at Tucows after GDPR

Tucows will follow TechOps subcommittee recommendation for domain transfers as ICANN figures out what to do. Here’s the thing about GDPR and domain name registrars/registries: if they wait for ICANN to figure out how to address GDPR, it will be too late to make the necessary changes to comply with the law. GDPR enforcement goes […]

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Tucows changes domain name price structure

New pricing structure draws ire of some customers. Tucows (NASDAQ:TCX), owner of the dominant reseller domain name platforms Enom and OpenSRS, is introducing new pricing on both of its platforms. The pricing is not uniform across the brands. The pricing structure looks somewhat like an airline mileage club, requiring a minimum annual spend and number […]

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Tucows expects $20 million EBITDA/year from “opportunistic” eNom acquisition

Tucows expects fast contribution from eNom, which has booked losses at Rightside. Domain name and communications company Tucows (NASDAQ:TCX) didn’t plan to acquire two domain name businesses over the past year, but the opportunities were too good to pass up. First, the company scooped up Melbourne IT’s reseller channel for just over $8 million AUD. […]

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Tucows acquires eNom from Rightside

Tucows consolidates domain reseller platforms in $83.5 million transaction. Earlier this week I warned you to be on the lookout for big news over the next few days. Here it is. Tucows (NASDAQ:TCX) has acquired Rightside’s (NASDAQ:NAME) eNom business for $83.5M. The deal consolidates the #1 and #2 domain name reseller platforms eNom and OpenSRS. […]

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Domain Stocks: From -26% to +51%, here’s how they’re doing this year

Tucows, MMX and GoDaddy are enjoying great years, Endurance and Web.com…not so much. There are just a couple of months left in the year, and it has been one of ups and downs for many domain name stocks. The S&P 500 has returned about 7% this year. Here’s how domain name stocks have fared, ordered […]

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Major shakeup: Tucows sending expired domain names to GoDaddy Auctions

Tucows shifts expired domain inventory to GoDaddy. In a major shakeup in the expired domain name market, GoDaddy Auctions has begun auctioning off Tucows’ expired domain name inventory. This is the first time GoDaddy has sold a third-party registrar’s expired domain name inventory. I reached out to GoDaddy after noticing some of the inventory on […]

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Tucows expects $2 million gross margin per year from Melbourne IT acquisition

Company acquired international accounts for $6.0 million on April 1. Tucows (NASDAQ: TCX) expects its acquisition of reseller accounts from Melbourne IT to generate $2 million in gross margin per year, the company revealed yesterday. The company paid $6.0 million to acquire Melbourne IT’s reseller accounts, with the exception of those based in Australia and […]

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