Reglikedomain industry desk

Tucows’ revenue hit $85 million in Q3, firm plans for GDPR

Revenue hits another record as firm works to meet EU privacy law deadline.

Domain name, mobile and internet services firm Tucows (NASDAQ:TCX) noted earnings following the bell yesterday.

The firm noted record quarterly revenue of $85.0 million. That’s up 73% compared to the same quarter last year, with most of the growth coming from the buyout of Enom this year. Domain revenue jumped from $29.8 million in Q3 2016 to $62.0 million this year.

Quarter over quarter, the topline number barely budged. The firm noted $84.2 million revenue in Q2 of this year.

On an investor conference call yesterday, Tucows CEO Elliot Noss stated that the firm continues to invest heavily in engineering to prepare for complying with the European Union’s General Data Protection Regulation (GDPR). (Learn more regarding GDPR)

The firm sent a notice to OpenSRS resellers at the end of October suggesting that they speak with their lawyers regarding GDPR. The OpenSRS website explains how the firm is preparing. It states that it will implement a post-purchase consent request regarding use of personal data.

Also on the wire

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