Tucows Domains Sees Revenue Drop While Profit Margins Rise
Company reports declining domain name revenue. Tucows (NASDAQ: TCX) released its latest quarterly results today. The company’s Domains segment reported a 2% decline in revenue year over year, bringing domain revenue to $64.1 million. The Wholesale and Value-Added Services subsegments saw revenue decreases, while the retail division posted a modest increase. Despite the revenue contraction, … Read more