Tucows, Inc. (TCX) Q3 2024 Earnings Call Transcript Summary
Tucows, Inc. (TCX) Q3 2024 Earnings Call Transcript Summary
Adjusted EBITDA reached $8.7 million, up 94% compared to $4.5 million in Q3 2023.The following is a summary of the Tucows, Inc. (TCX) Q3 2024 Earnings Call Transcript:
以下是tucows, Inc. (TCX) 2024年第三季度業績會交易摘要：
Financial Performance:
財務表現：
Tucows reported a consolidated revenue of $92.3 million in Q3 2024, an increase of 6.1% YoY.
Gross profit increased 32.4% YoY to $22.2 million, with notable contributions from Ting and Domains businesses.
Adjusted EBITDA reached $8.7 million, up 94% compared to $4.5 million in Q3 2023.
Net loss was slightly reduced to $22.3 million or $2.03 per share.
Cash and cash equivalents stood at $75.2 million as of the end of Q3 2024.
Tucows報告2024年第三季度營業收入爲$9230萬，同比增長6.1%。
毛利潤同比增長32.4%，達到$2220萬，主要得益於Ting和域名業務的貢獻。
調整後的EBITDA達到$870萬，較2013年第三季度的$450萬增長94%。
淨虧損略有減少，達到$2230萬，每股虧損$2.03。
截至2024年第三季度末，現金及現金等價物爲$7520萬。
Business Progress:
業務進展：
Tucows Domains reported its seventh consecutive quarter of revenue growth with significant improvements in gross margin and adjusted EBITDA.
The Wavelo platform experienced a decline in revenue and adjusted EBITDA year-over-year but showed resilience in its gross margin performance.
Major restructuring in the Ting business including a workforce reduction and cessation of expansion into new markets to focus on maximization of existing infrastructure.
Tucows域名報告連續第七個季度營收增長，毛利率和調整後的EBITDA有顯著改善。
Wavelo平台的營收和調整後的EBITDA同比下降，但毛利表現頑強。
Ting業務進行了重大重組，包括減少員工以及停止向新市場擴張，以便將重點放在最大限度地利用現有基礎設施上。
Opportunities:
機會：
Ting's focus on loading the existing 132,000 owned addresses and over 40,000 partner addresses provides an opportunity for future subscriber growth and revenue.
Growth in Wavelo's enterprise-scale platform could attract larger MNOs, MVNOs, and ISPs.
Ting專注於加載現有的132,000個擁有地址和40,000多個合作伙伴地址，爲未來訂戶增長和營收提供了機會。
Wavelo的企業級平台增長可能會吸引更大的移動網絡運營商、虛擬網絡運營商和互聯網服務提供商。
Risks:
風險：
Ting business restructuring, including the halt of expansion and $40 million in impending annual interest payments, represents significant financial pressure.
The decline in subscriber base in Wavelo reflects challenges in maintaining growth.
Ting業務重組，包括停止擴張和每年4000萬美元的即將到期利息支付，給公司帶來了重大的財務壓力。
Wavelo用戶基數下降反映了保持增長的挑戰。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
