NASDAQ$TCX
Tucows Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Tucows' financial performance remained stable with revenue increasing and losses reported due to investments in fiber network and operations.
Tucows reported a 2.8% increase in revenue to $78.1 million for Q3 2022. However, the company experienced a net loss of $8.0 million, or $0.74 per share, compared to a net income of $1.4 million, or $0.13 per share, in Q3 2021. The loss was attributed to the accelerated build of the Ting Internet Services fiber network, ramp up of operations, higher interest expenses, and higher depreciation.
- Total revenue increased by 2.8% to $78.1 million.
- Gross profit was effectively flat at $18.0 million.
- Net loss was $8.0 million, or $0.74 per share, compared to net income of $1.4 million, or $0.13 per share, for the third quarter of 2021.
- Adjusted EBITDA decreased 35% to $7.9 million.
Headline financials
Revenue & EPS history
Tucows · Revenue · Quarterly
$78.1M
Forward guidance
Tucows remains on track for end of year 2022 EBITDA guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.4%
Avg return
Earnings day
-2.0%
Avg return
5 days after
-1.9%
Avg return
30 days after
49%
32 / 65 earnings
Positive
+31.1%
Q3 2012
Best reaction
-20.7%
Q3 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.0% | -7.2% | -14.7% | |
| Q4 2025 | +5.6% | -2.2% | -11.2% | |
| Q3 2025 | +4.6% | +11.1% | +8.1% | |
| Q1 2025 | -2.2% | +0.0% | +11.7% | |
| Q4 2024 | +26.6% | -11.1% | -16.4% | |
| Q3 2024 | -8.0% | -10.2% | +2.7% | |
| Q2 2024 | -7.1% | -10.1% | -14.6% | |
| Q1 2024 | +4.3% | +16.0% | +22.5% | |
| Q4 2023 | -5.7% | -13.5% | -15.9% | |
| Q3 2023 | +23.5% | +26.4% | +41.9% | |
| Q2 2023 | -10.7% | -21.6% | -9.2% | |
| Q1 2023 | -12.2% | -10.8% | +11.0% | |
| Q4 2022 | -0.7% | +0.9% | -32.8% | |
| Q3 2022 | -20.7% | -20.0% | -25.5% | |
| Q2 2022 | +12.6% | +9.9% | -5.9% | |
| Q1 2022 | -11.2% | -11.5% | -11.5% | |
| Q4 2021 | -2.1% | -1.0% | -18.1% | |
| Q3 2021 | +5.1% | +3.5% | -6.9% | |
| Q2 2021 | +2.1% | -0.9% | +1.1% | |
| Q1 2021 | +5.0% | +6.2% | +6.0% | |
| Q4 2020 | -7.4% | -7.5% | -10.7% | |
| Q3 2020 | -5.6% | -2.3% | +2.3% | |
| Q2 2020 | -6.7% | -9.3% | -11.3% | |
| Q1 2020 | +6.4% | +1.3% | +15.3% | |
| Q4 2019 | -4.5% | -4.6% | -21.1% | |
| Q3 2019 | +5.9% | +7.2% | +4.3% | |
| Q2 2019 | +4.3% | +4.0% | +17.8% | |
| Q1 2019 | -19.2% | -23.1% | -27.1% | |
| Q4 2018 | +0.5% | +5.1% | +12.1% | |
| Q3 2018 | +16.9% | +9.4% | +14.9% | |
| Q2 2018 | -4.1% | -2.3% | -1.7% | |
| Q1 2018 | -4.8% | -3.8% | +0.1% | |
| Q4 2017 | +5.0% | -1.9% | -0.9% | |
| Q3 2017 | -3.8% | -1.1% | +2.1% | |
| Q2 2017 | +12.4% | +1.8% | -2.8% | |
| Q1 2017 | -5.7% | -2.6% | -0.8% | |
| Q4 2016 | -5.6% | -4.2% | -4.6% | |
| Q3 2016 | +5.1% | +9.0% | +20.2% | |
| Q2 2016 | -5.2% | -5.8% | -3.8% | |
| Q1 2016 | +6.0% | — | — | |
| Q4 2015 | +4.0% | — | — | |
| Q3 2015 | -2.4% | — | — | |
| Q2 2015 | -4.3% | — | — | |
| Q1 2015 | +7.5% | — | — | |
| Q4 2014 | -0.1% | — | — | |
| Q3 2014 | +2.4% | — | — | |
| Q2 2014 | +2.3% | — | — | |
| Q1 2014 | -3.2% | — | — | |
| Q4 2013 | -2.4% | — | — | |
| Q3 2013 | +8.0% | — | — | |
| Q2 2013 | +9.2% | — | — | |
| Q1 2013 | -9.5% | — | — | |
| Q4 2012 | -12.4% | — | — | |
| Q3 2012 | +31.1% | — | — | |
| Q2 2012 | -4.4% | — | — | |
| Q1 2012 | -8.1% | — | — | |
| Q4 2009 | +5.9% | — | — | |
| Q1 2011 | +5.9% | — | — | |
| Q4 2011 | +5.9% | — | — | |
| Q3 2010 | +1.1% | — | — | |
| Q3 2011 | +1.1% | — | — | |
| Q4 2010 | +0.0% | — | — | |
| Q2 2011 | +0.0% | — | — | |
| Q2 2010 | -3.8% | — | — | |
| Q1 2010 | -4.2% | — | — |
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