Tucows reports Q3 adjusted EPS (1.42) vs. ($1.81) last year

Reports Q3 revenue $98.6M vs. $92.3M last year. “We’re seeing the operating leverage we’ve been working toward,” said Ivan Ivanov, CFO. “Broad-based topline growth, strong economics at Wavelo, continued margin expansion from Domains, and a more capital-efficient Ting combined to deliver a 53% increase in Adjusted EBITDA on 9% gross-profit growth. This puts our year-to-date consolidated Adjusted EBITDA of $39.5M slightly ahead of progress towards our 2025 guidance. The business is becoming simpler and healthier, and we have a clear line of sight to further improvement with initiatives underway to deliver value for Tucows (TCX)’ shareholders.”