Q1 2026 Tucows Inc Earnings Call (Pre-recorded) Transcript

May 7, 2026 / 10:59 AM GMT

Release Date Price: C$21.88 (+6.45%)

Transcript 10-Q

Key Points

Positve

WaveLo completed a significant migration of nearly 7 million Boost subscribers for DISH, showcasing strong operational capabilities.
Ting Internet's network construction and activation numbers were robust, with a 28% year-over-year increase in total serviceable addresses.
WaveLo's revenue increased by 20% year-over-year, demonstrating strong growth in the platform's adoption.
Ting's revenue grew by 21% year-over-year, indicating successful expansion in the fiber business.
The company successfully issued asset-backed securities for the Ting business, securing $238.5 million with a blended coupon rate of 6.88%.

Negative

Domain Services revenue decreased slightly from the previous year, with a 7% decline in gross margin due to weaker aftermarket sales.
Adjusted EBITDA for the second quarter was down 54% from the previous year, reflecting financial challenges.
The company reported a net loss of $31 million for the second quarter, significantly higher than the $3 million loss in the previous year.
Operating expenses increased by 17.5% year-over-year, driven by higher workforce costs and increased investments in business expansion.
Cash from operations was negative $1.6 million, a decline from positive $12.6 million in the previous year, due to larger operating investments.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

TCX.OQ - Tucows Inc
Q1 2026 Tucows Inc Earnings Call (Pre-recorded)
May 07, 2026 / NTS GMT

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Presentation
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Welcome to Tucows Second Quarter 2023 Management Commentary. We have pre-recorded prepared remarks regarding the quarter and outlook for the company. A Tucows-generated transcript of these remarks, with relevant links, is also available on the company's website.

In lieu of a live question-and-answer period following these remarks, shareholders, analysts, and prospective investors are invited to submit questions to Tucows Management via e-mail at [email protected] until Thursday, August 10th. Management will address your questions directly or in a recorded audio response and transcript that will be posted to the TUCAS website on Tuesday, August 22nd at approximately 4 p.m. Eastern Time.

We would also like to advise that the

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