Tag Archives: TCX

Wed 10th February 2016
Written by The Domains in EN and tagged
Tucows Announces $40 Million Stock BuyBack Program & Is Up Over 8% To $20 A Share - Tucows Inc. (NASDAQ:TCX, TSX:TC) announced after the market closed yesterday “that its Board of Directors has approved a stock buyback program to repurchase from time to time up to $40 million of its common stock in the open market.” “The new $40 million buyback program will commence February 10, 2016 and will terminate on or before February 9, 2017. ” “The Company’s previous buyback program, which commenced February 16, 2015 and was scheduled to end on or before February 15, 2016, has ... read more ...
 
Written by DomainNameWire in EN and tagged
Mobile phone use continues to lift Tucows - Domain names are the base, but mobile phone service contributes the most gross margin. Tucows, one of the largest domain name registrars, released fourth quarter and full year financial results yesterday. Fourth quarter revenue hit $45 million, with annual revenue of $173 million, up 17% from the prior year. While the company’s domain name business remains the biggest component of its revenue, all of the growth is coming from its Ting mobile phone service. And, for the first time, gross margin ... read more ...
Thu 4th June 2015
Written by DomainNameWire in EN and tagged
Tucows' batch in on fire - Shares up over 50% since May 1. If you bought shares of Tucows at the opening price on May 1, just a month ago, you’ve already realized a return of a whopping 57%. Shares in Tucows are on fire on the NASDAQ, where it trades under the ticker TCX. It’s not entirely clear what’s behind the surge. The company reported earnings on May 7, but the stock didn’t start to surge until a week later. Here are some possible reasons behind the price pop: 1. Share buybacks. Tucows is buying back up to $20 ... read more ...
Thu 15th May 2014
Written by DomainNameWire in EN and tagged
4 engaging things Tucows pronounced on the discussion call yesterday - Selling domains, letting some expire, and the impact of new top level domain names. Domain name registrar Tucows released its first quarter 2014 earnings yesterday. The investor conference call included four interesting comments/facts about the domain name side of the business. 1. Tucows is testing ways to sell more domains through parked pages. The company says it has launched an “aggressive program of experimentation” on landing pages for its domain names to ... read more ...
Wed 13th November 2013
Written by DomainNameWire in EN and tagged
Tucows shares rocket to $3.00 on earnings, new TLD deal - Deal with Donuts bolsters Q3 earnings. Shares of Tucows (NYSE AMEX:TCX, TSX:TC) shot up 15% to $3.00 in after hours trading after the company announced third quarter earnings. The company got a big cash boost from its deal with Donuts to withdraw its applications for the .marketing and .media top level domain name applications. Although the exact dollar figure of the deal was not disclosed in the earnings release, there’s a huge jump in the company’s “portfolio” ... read more ...
Thu 14th February 2013
Written by DomainNameWire in EN and tagged
Tucows: fewer large domain sales, though good numbers on reduce labelled domains - Tucows generates less revenue from its portfolio but sales of $2,000-$3,000 domains still strong. Tucows reported earnings yesterday, which should give domainers some insight into how large domain portfolio holders are doing. The headline number is that sales from Tucows’ domain portfolio in Q4 2012 were $300,000 less than the same quarter of 2011. But a lot of that has to do with the lumpiness of high dollar domain sales. Here’s how Tucows CEO Elliot Noss explained ... read more ...
Wed 30th May 2012
Written by DomainNameWire in EN and tagged
Domain bonds doing really good this year - Tucows more than doubles and other domain stocks also on a tear. It has been a decent year for the NASDAQ so far. But returns on domain stocks have been exceptional. Consider Tucows (TCX), which opened the year at 75 cents. It has more than doubled to $1.52 at today’s open. The company continues to buy back stock, but I also think there’s overall enthusiasm for its domain business and the prospects of its mobile phone offering Ting. Demand Media, which owns eNom, ... read more ...
Wed 11th August 2010
Written by DomainNameWire in EN and tagged
Tucows Earnings Warped by Currency Exchange Rates - Domain registrar’s business generating cash, but currency changes skew results. At first glance Tucow’s second quarter earnings announcement today looked bad. The company lost a penny a share for the quarter, compared to earnings of 6 cents a share in the same quarter of 2009. But then you dig into the details: the company realized a mark to market loss on foreign exchange of $1.9 million in Q2 2010; in the same quarter 2009 it realized a mark to market gain ... read more ...
Wed 12th May 2010
Written by DomainNameWire in EN and tagged
Tucows’ OpenSRS Grows 9% Year-Over-Year - Domain name registrar reports first quarter earnings. Tucows (AMEX:TCX) reported first quarter earnings after the bell today and disclosed that its OpenSRS business grew 9% year-over-year in both transactions and revenue. OpenSRS includes the company’s domain registration business as well as e-mail services. The company hit a milestone of 10 million domains under management at the end of the quarter. Net income for Q1 was $0.6 million, but that was helped by ... read more ...
Tue 30th March 2010
Written by DomainNameWire in EN and tagged
Tucows Hits 10 Million Domain Milestone - Domain name registrar is third to meet 10 million domain milestone. Tucows Inc. announced today that it hit a major milestone: 10 million domain names under management. The company credits its OpenSRS reseller network for hitting the milestone. The reseller network includes 10,000 web hosting companies, ISPs, Internet consultants, and other service providers in over 100 countries. At the end of December 2008, the company topped 7 million domain names and surpassed ... read more ...
Fri 19th February 2010
Written by DomainNameWire in EN and tagged
Tucows and Marchex See Shares Bounce on Earnings - Market happy with results at two domain name companies. Two publicly traded domain name companies have seen a nice bounce in their stock prices after reporting earnings. Tucows reported net income of 3 cents per share for the fourth quarter of 2009 on February 16 after the market closed. It also reported $2.88 million of cashflow from operations. Shares of Tucows bounced 15% the following day to $.77, and then another 21% the following day to close at $.93. That’s ... read more ...
Wed 11th November 2009
Written by DomainNameWire in EN and tagged
Tucows’ Revenues Steady, Brandable Domain Sales Growing - Tucows reports stable revenue and increase in brandable domain sales. Tucows today reported earnings of $.07 per share for the third quarter, compared to a loss of less than a penny per share in the same quarter last year. The company benefited from income from its final receipt for selling its stake in domain name registry Afilias, as well as from foreign exchange gains. Revenue held essentially steady compared to last year. On its investor conference call today, ... read more ...
Wed 12th August 2009
Written by DomainNameWire in EN and tagged
Tucows Reports Strong Earnings and More Stock Buybacks - Registrar turns in solid numbers and plans to buy back more shares. Tucows, the world’s third largest domain name registrar, released earnings today that show its business is weathering the economic downturn well. It also announced another offer to buy back shares in the company. Tucows (AMEX: TCX) reported net income of $4.48M for the second quarter 2009, compared to $2.21M for the same quarter last year. It’s hard to compare the quarters thanks to extraordinary ... read more ...
Thu 14th May 2009
Written by DomainNameWire in EN and tagged
Tucows Posts Q1 Profit - Domain name registrar sees strong domain registration revenue. Tucows (AMEX: TCX) has posted a profit of close to $1M for the quarter ended March 31. This compares to a loss of about $1M in the same quarter in 2008. The company cites both sales of its domain portfolio through Yummy Names and improved domain registration and renewal numbers for the improved results. On the company’s investor conference call last night, CEO Elliot Noss said new domain registrations ... read more ...
Wed 18th March 2009
Written by DomainNameWire in EN and tagged
Dell has a Adamo, But Tucows has a Domain - Dell releases Adamo computer; domain registrar Tucows owns Adamo.com [Update: Dell has purchased Adamo.com.] I track domain name registrations by Dell (NASDAQ: DELL) on a regular basis. The company is no slacker when it comes to registering or requesting transfer of any domain that includes its trademarks. Which is why this story on OneDegree.ca is surprising. Dell launched its sleek new Adamo laptop but didn’t procure the domain name Adamo.com. Dell is using ... read more ...
Tue 10th February 2009
Written by DomainNameWire in EN and tagged
Tucows Sells $1M Domain Name Portfolio; Domain Parking Flat - Company sells big portfolio, enters into $1.8M expired domain name deal, and sees domain name parking revenue flatline. Domain name wholesaler Tucows Inc (AMEX: TCX) has sold a portfolio of 2,553 domain names for $1 million, the company announced in its quarterly earnings call yesterday. That’s an average of $392 per domain name. In a filing with the U.S. Securities and Exchange Commission, the company reported that the same buyer has rights to purchase up to ... read more ...
Mon 15th December 2008
Written by DomainNameWire in EN and tagged
Creative Commons CEO Joi Ito Joins Tucows Board - Joi Ito joins Tucows Board of Directors. Creative Commons CEO, technologist, and venture capitalist Joi Ito has joined domain registrar Tucows (AMEX:TCX, TSX:TC) Board of Directors. In addition to serving as Creative Commons’ CEO, Ito is CEO and founder of Neoteny Co. Ltd, a venture capital firm investing in Internet technologies and services, and Kula Co., Ltd., an internet software company. Mr. Ito is the Chairman of Six Apart Japan, a weblog software company; ... read more ...
Fri 5th December 2008
Written by DomainNameWire in EN and tagged
Marchex Lays Off 10% - Marchex latest domain company to announce layoffs. Domain name and local advertising company Marchex (NASDAQ: MCHX) has laid off 10% of its workforce, reports The Pugent Sound Business Journal. About 35 people are losing their jobs, although some of those are contract workers. Marchex has made a series of acquisitions, so some of the jobs were redundant. But it’s also working to maintain a strong cash position in the 12-month old recession. Shares of Marchex ... read more ...
Mon 10th November 2008
Written by DomainNameWire in EN and tagged
Tucows Reports Slight Loss in Q3 - Domain registrar fights currency fluctuations; down economy. Tucows (AMEX: TCX) reported a third quarter loss of $71,000 today. Despite a difficult environment, our third quarter revenue growth was driven by the strong performance of our OpenSRS Wholesale Services, primarily domain registration,” said Elliot Noss, President and CEO of Tucows. “A number of factors, including weakness in our email business and the general economy putting downward pressure on ... read more ...
Wed 5th November 2008
Written by DomainNameWire in EN and tagged
Tucows Sells Afilias Stake for $7.4 Million - Registrar continues to divest of non-core assets. Domain registrar Tucows has sold its stake in domain name registry Afilias for $7.4 million. Tucows owned 7.38% of Afilias, which pegs a valuation on the registry of about $100 million. However, the payments to Tucows will be spread across the next 13 months with $3.2 million today; $2.1 million in June 2009; and $2.1 million in December 2009. Tucows has already sold off its web hosting business and recently launched ... read more ...
Tue 7th October 2008
Written by DomainNameWire in EN and tagged
Domain Stocks Pummeled - Domain name related companies get pummeled on Wall Street. Google’s 52 week stock performance(from Yahoo.com) The stock market is in a free fall, and domain stocks are no exception. Shares of Marchex (NASDAQ: MCHX) dropped 12.5% yesterday to close at $8.28. At one point it dropped to $7.75. It’s down 27.5% since the beginning of September. Tucows (AMEX: TCX) shares continue to drop, and closed at just $.35 yesterday. The stock has been as high as $1.00 over ... read more ...
Wed 13th August 2008
Written by DomainNameWire in EN and tagged
Tucows: Domain Parking May Have Hit Bottom - Tucows’ says domain parking revenue is down, but it may be on the rebound. Tucows, a wholesale domain registrar and owner of 150,000 domains, saw its revenue from domain parking drop 12% in just one quarter, but CEO Elliot Noss says it may have hit bottom. “In terms of where’s the bottom, we’ve started to see a little bit of a pickup now so we may have hit the bottom,” said Noss on an earnings conference call Tuesday evening. Tucows direct navigation ... read more ...