Exhibit 99.1

 

Tucows Reports Continuing Strong Financial Results

for Fourth Quarter of 2015

 

– Record Fourth Quarter EPS of $0.29 Contributes to

an 82% increase in 2015 EPS to $1.04 –

 

 

TORONTO, February 9, 2016

– Tucows Inc. (NASDAQ:TCX, TSX:TC), a provider of network access, domain names and other Internet services, today reported its financial results for the fourth quarter ended December 31, 2015. All figures are in U.S. dollars.

 

Summary Financial Results

(In Thousands of US Dollars, Except Per Share Data)

 

3 Months

Ended

December 31,

2015

(unaudited)

3 Months

Ended

December 31,

2014

(unaudited)

12 Months

Ended

December 31,

2015

(unaudited)

12 Months

Ended

December 31,

2014

Net revenue

45,031

38,803

172,939

147,667

Adjusted EBITDA1

6,313

3,531

25,595

15,040

Net income

3,095

1,859

11,374

6,374

Net earnings per common share

$0.29

$0.16

$1.04

$0.57

Net cash provided by operating activities

1,475

2,767

13,432

8,877

 

 

1.

This Non-GAAP financial measure is described below and reconciled to GAAP net income in the accompanying table.

 

 
 

The following information was filed by Tucows Inc (TCX) on Wednesday, February 10, 2016 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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