Tucows Amends Q4 2024 Earnings, Highlighting Key Changes
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Tucows Amends Q4 2024 Earnings, Highlighting Key Changes

In Toronto on March 13, 2025, Tucows Inc. (NASDAQ: TCX) (TSX: TC), a global leader in internet services, announced an amendment to its unaudited financial results for the fourth quarter and full year ending December 31, 2024. The company reported a reduction in the previously disclosed non-cash impairment charge for property and equipment by $2.81 million, due to updated valuation inputs. The revised numbers have been updated in all relevant reports, including the unaudited financial statements and the 2024 10-K filing.

In the fourth quarter of 2024, the net loss was $42.5 million, or a loss of $3.86 per share, compared to a net loss of $23.4 million, or a loss of $2.14 per share, in the fourth quarter of 2023. The increased loss was mainly due to one-time impairment in Ting, restructuring charges, and higher interest expenses. The content you have provided is already clear and does not need to be rewritten. Please provide the content you would like me to rewrite. Please provide the content that you would like me to rewrite. Please provide the content that you would like me to rewrite. Please rephrase the text that you would like me to revise. Please rewrite the following content so that it is unique and not plagiarized. Please rephrase the following text. Please rewrite the content you would like me to work on.