GoDaddy shares burst after hours on earnings, guidance - Wall Street applauds GoDaddy’s Q3 results.
Shares in GoDaddy are up sharply after the company reported earnings this afternoon.
GoDaddy shares are trading at $30.00 per share in after hours trading, up around 10% from its closing price today.
The company reported a 15% jump in revenue year-over-year for the third quarter, while adjusted EBITDA was up 22.5%. The company bumped annual revenue guidance up as well.
In other good news, annual revenue per customer was up 6.8% compared to the same quarter ... read more ...
Tag Archives: gddy
Wed 4th November 2015
Wed 5th August 2015
GoDaddy reports 16.5% YoY income growth - GoDaddy’s topline growth continues.
GoDaddy reported earnings after the bell today.
The company posted 16.5% earnings growth in Q2 2015 compared to the same quarter a year ago. That’s a slight decline from the 17.5% year over year number it turned in last quarter.
Revenue was up 5% in Q2 2015 compared to Q1.
GoDaddy reported a heavier net loss of $(71.3) million, but $51.1 million of the loss was due to one time costs associated with the IPO and early termination of debt.
GoDaddy, the largest ... read more ...
Thu 2nd April 2015
How domain name bonds did on GoDaddy's IPO day - Competitors also get bump as GoDaddy soars.
GoDaddy went public yesterday and shares immediately shot up 30%, giving the company a $4 billion market cap. In very early trading today it’s up another 3%.
There are a number of similar public companies out there. I think the two closest comps are Endurance International (which owns Domain.com and a number of shared hosting companies) and Web.com.
Endurance International Group (EIGI) shares were up about 4% yesterday, giving the company a $2.6 billion ... read more ...
Tue 24th February 2015
GoDaddy releases earnings, picks GDDY ticker - Domain name registrar gets one step closer to IPO.
GoDaddy filed an amended S-1 statement with the SEC today that revealed fourth quarter and full year 2014 financials, as well as the company’s planned NYSE stock ticker GDDY.
Fourth quarter revenue at the company grew to $371.7 million, up from $356.9 million in the third quarter and $305.9 million in the same quarter of 2013. The company reported a net loss of ($26.8) million for the quarter, about in line with the third quarter.
For the year, ... read more ...