Tucows 2015 Annual Report Download - page 43
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Please find page 43 of the 2015 Tucows annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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• our ability to enforce our intellectual property rights;
• our ability to manage Internet fraud and information theft; and
• current economic conditions.
Our operating expenses may increase. We base our operating expense budgets on expected revenue trends that are
more difficult to predict in periods of economic uncertainty. We intend to continue our efforts to control discretionary
spending; however, we will continue to selectively incur expenditures in areas that we believe will strengthen our position
in the marketplace. If we do not meet revenue goals, we may not be able to meet reduced operating expense levels and our
operating results will suffer. It is possible that in one or more future quarters, our operating results may be below our
expectations and the expectations of public market analysts and investors. In that event, the price of our common stock
may fall.
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