GoDaddy (NYSE:GDDY) reported earnings today. 2021 Full Year Revenue Growth of 15%, Bookings Growth of 12%They announced a multi-year $3 billion share repurchase plan starting with intent to launch a $750 million accelerated share repurchase in the first quarter of 2022. The stock was up 78.50 +4.29 (5.78%) in after hours trading. Business Outlook For the first quarter ending … [Read more...]
GoDaddy Q3 revenue rose 14% year over year. Stock up close to 9% in after hours trading
GoDaddy Inc. (NYSE: GDDY), reported strong Q3 earnings and the stock was up close to 9% in after hours trading. Highlights: Q3 revenue rose 14% year over year to $964m and bookings rose 10% year over year to $1.04bDomains revenue in Q3 grew 17% YoY to $453m, Hosting & Presence revenue grew 7% YoY to $325m, and Business Applications revenue grew 20% YoY to $186mGoDaddy's Websites + … [Read more...]
GoDaddy takes down abortionreporter.org
BusinessInsider.com reported today that GoDaddy took down abortionreporter.org . The company stated the site violated it's TOS. From the article: GoDaddy pulled the rug out from another Texas abortion whistleblower tip site that charged users $20 to submit a claim about a violation of the state's new abortion law. Dan Race, GoDaddy's vice president of public relations, told Insider on … [Read more...]
GoDaddy Q2 earnings see total revenue up 15.5% Year over Year
GoDaddy (NYSE: GDDY) Q2 2021 quarterly earnings were $0.27 per share, this was miss when looking at Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.20 per share a year ago. Domains revenue up 18.2 year over year. Highlights: Total revenue of $931.3m, up 15.5% YoY, exceeding its previously stated goal of $920mTotal bookings of $1.05b, up 12.7% YoYNet cash … [Read more...]
GoDaddy CEO Aman Bhutani on Fox Business
GoDaddy CEO Aman Bhutani appeared on Fox Business. Aman starts out talking about small businesses and the effects of the pandemic. Around the 2:37 mark Liz Claman asks Aman about the auction market. Aman mentioned record growth on the auction side. I thought it was interesting that Liz said, It's almost like trading stocks, trading domain names. People make a lot of money doing that, I … [Read more...]
GoDaddy Q1 revenue up 13.8% – $775m share repurchase authorized
GoDaddy (NYSE: GDDY) reported first quarter earnings today. After hours 82.75 +0.51 (0.62%) GoDaddy raised its full year revenue expectations by $45 million to $3.745 billion, representing approximately 13% year over year growth. Revenue growth by category is expected to approximate double-digit growth in Domains, high-single-digit growth in Hosting and Presence, and high-teens growth in … [Read more...]
GoDaddy making moves on the registry side acquiring .club and others
Big news on the registry side of the business. GoDaddy is acquiring .Club, .design and 28 extensions from Minds + Machines Group Limited (MMX). .Club has seen a lot of press lately due to Clubhouse and people registering .club domain names for their club on the app. Full release here GoDaddy Registry, one of the world's largest domain registry providers, today announced that it is acquiring … [Read more...]