Tucows (TCX) Scheduled to Post Quarterly Earnings on Thursday

Tucows (NASDAQ:TCX) (TSE:TC) is set to announce its earnings results after the market closes on Thursday, May 9th. Persons interested in listening to the company’s earnings conference call can do so using this link.

Tucows (NASDAQ:TCX) (TSE:TC) last issued its quarterly earnings results on Thursday, February 22nd. The information services provider reported ($2.14) earnings per share for the quarter. The business had revenue of $86.96 million for the quarter. Tucows had a negative return on equity of 198.27% and a negative net margin of 28.35%.

Tucows Trading Down 2.3 %

NASDAQ:TCX opened at $17.77 on Wednesday. Tucows has a one year low of $15.65 and a one year high of $33.44. The business has a fifty day moving average price of $18.12 and a 200-day moving average price of $20.69. The firm has a market capitalization of $192.45 million, a price-to-earnings ratio of -2.01 and a beta of 0.92. The company has a debt-to-equity ratio of 43.87, a current ratio of 1.21 and a quick ratio of 1.17.

Insider Buying and Selling

In other news, CEO Elliot Noss sold 5,175 shares of the firm’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $18.43, for a total transaction of $95,375.25. Following the sale, the chief executive officer now directly owns 516,758 shares in the company, valued at approximately $9,523,849.94. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 11.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Separately, StockNews.com cut Tucows from a “hold” rating to a “sell” rating in a research report on Saturday, March 30th.

About Tucows

Tucows Inc provides network access, domain name registration, email, mobile telephony, and other Internet services in North America and Europe. It operates in three segments: Ting, Wavelo and Tucows Domains. The Ting segment provides fiber and fixed wireless internet services. The Wavelo segment offers individual developer tools, subscription, billing management, network orchestration, and provisioning services.