Tucows (TCX) to Release Quarterly Earnings on Thursday

Tucows (NASDAQ:TCX) (TSE:TC) is scheduled to post its quarterly earnings results after the market closes on Thursday, May 9th. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Tucows (NASDAQ:TCX) (TSE:TC) last posted its quarterly earnings results on Thursday, February 22nd. The information services provider reported ($2.14) EPS for the quarter. The company had revenue of $86.96 million during the quarter. Tucows had a negative return on equity of 198.27% and a negative net margin of 28.35%.

Tucows Stock Performance

Shares of TCX opened at $17.77 on Wednesday. Tucows has a 52-week low of $15.65 and a 52-week high of $33.44. The stock’s 50-day simple moving average is $18.12 and its 200 day simple moving average is $20.69. The company has a debt-to-equity ratio of 43.87, a quick ratio of 1.17 and a current ratio of 1.21. The stock has a market capitalization of $192.45 million, a price-to-earnings ratio of -2.01 and a beta of 0.92.

Insider Buying and Selling at Tucows

In other news, CEO Elliot Noss sold 5,175 shares of the company’s stock in a transaction on Monday, April 1st. The shares were sold at an average price of $18.43, for a total value of $95,375.25. Following the transaction, the chief executive officer now owns 516,758 shares of the company’s stock, valued at $9,523,849.94. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 11.70% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of Tucows from a “hold” rating to a “sell” rating in a report on Saturday, March 30th.

About Tucows

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.