Reglikedomain industry desk

.Co for Strong Quarter of Domain Registrations — Tucows Thanks

Firm states .co launch was major contributor to growth on OpenSRS platform.

Yesterday Tucows noted record quarterly revenue for the third quarter. It saw strong growth on its OpenSRS domain reseller platform, and credits .co in part for that growth. Here’s Tucows CEO Elliot Noss on the investor conference call last night:

Again this quarter, OpenSRS domain service saw strong year-over-year growth in transaction volumes. Total transactions grew 16% compared to the third quarter of last year and fresh registrations grew 25%. Both of which were buoyed by the launch of the fresh .CO TLD that I discussed last quarter. Net of the .CO launch, fresh transactions grew a healthy 15%.

It will be interesting to compare this to a broader fresh top level domain name release that I expect to happen in 2012. .Co had a wildly successful launch and Tucows was one of only 10 accredited registrars for the launch. Still, if we see hundreds of fresh top level domains introduced in the coming years I suspect that the aggregate will lift registrations at all domain registrars.

As for Tucows’ Yummy Names division, Noss reminded investors that “This quarter’s results ought to be viewed in the context of last year’s clearing out of excess track navigation inventory and general softness in per page ad revenue in the domain parking sector broadly.”

Noss sees growth opportunities in mobile computing. The firm will offering the GoMobi service ahead of the end of the year.

Also on the wire

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