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Market Recap 2-11-15 Tucows Reports Strong Earnings – Marchex Dips 5.6%

February 11, 2015 by Raymond Hackney

Market Report 2-11-15

Marchex (MCHX) was down 5.6% on the day and closed at $4.34.

Tucows (TCX) was up 1.4%, the company reported strong earnings.

“The fourth quarter was a solid finish to a strong year for Tucows,” said Elliot Noss, President and Chief Executive Officer, Tucows Inc. “The continuing growth in contribution from Ting Mobile, combined with steady performance of our Domain Services business, enabled us to deliver net earnings per share of $0.16 for the fourth quarter, bringing EPS for the year to a record $0.57, an increase of 43% over 2013. Importantly, we continue to realize the benefit from the operating leverage in our business as consolidated gross margin for the quarter grew to 26% from 23%, excluding the Portfolio Group, for the same period last year.”

Minds + Machines Group… MMX 8.55 +0.05 (0.59%)
Marchex, Inc. MCHX 4.34 -0.26 (-5.65%)
Web.com Group Inc WWWW 15.65 -0.24 (-1.51%)
Rightside Group Ltd NAME 7.75 +0.07 (0.91%)
Centralnic Group PLC CNIC 39.00 0.00 (0.00%)
Google Inc GOOG 535.97 -0.97 (-0.18%)
Tucows Inc. (USA) TCX 18.71 +0.26 (1.41%)
Verisign, Inc. VRSN 60.98 +0.10 (0.16%)
Neustar Inc NSR 24.60 -0.35 (-1.40%)
United Internet AG UTDI 40.61* +0.56 (1.39%)
Endurance Intl. Group… EIGI 18.01 -0.09 (-0.50%)

Disclaimer – Any stock price and market data provided on our website is for informational purposes only, and should not be relied upon for trading purposes. Historical and current stock price performance data is not necessarily indicative of future performance.

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Filed Under: Market Recap

About Raymond Hackney

Raymond Hackney has been involved with domain names since 1997. One of the most prolific writers in the domain industry and founder of TLDinvestors.com and 3Character.com

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