Tucows (NASDAQ:TCX) Posts Quarterly Earnings Results

Tucows (NASDAQ:TCX) (TSE:TC) posted its quarterly earnings data on Thursday. The information services provider reported ($1.43) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $93.10 million for the quarter.

Tucows Trading Up 26.6 %

TCX stock traded up $4.02 on Friday, hitting $19.15. 225,011 shares of the company’s stock traded hands, compared to its average volume of 21,798. The stock has a market cap of $210.84 million, a price-to-earnings ratio of -2.31 and a beta of 0.81. Tucows has a 1-year low of $14.50 and a 1-year high of $26.48. The stock has a fifty day moving average of $16.32 and a 200-day moving average of $18.71.

Insider Activity at Tucows

In other Tucows news, CEO Elliot Noss sold 2,000 shares of the stock in a transaction that occurred on Friday, January 24th. The shares were sold at an average price of $16.91, for a total value of $33,820.00. Following the completion of the sale, the chief executive officer now owns 479,358 shares in the company, valued at $8,105,943.78. This represents a 0.42 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders sold 6,500 shares of company stock worth $107,097. 11.60% of the stock is owned by corporate insiders.

Tucows Company Profile

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.