Shares of CentralNic Group Plc (LON:CNIC), sank after releasing its financial results for the six months ending June 30, 2016. After hitting a 52 week low of 38p, shares of CentralNic closed at 39.5p down over 14% from its previous closing price of 46p. Over 1,000,000 shares were traded in the company which has an average daily volume (3m) of just over 84,000 shares. CentralNic has a 52 … [Read more...]
CentralNic Revenue up 100% & Gross Profit Up 19% in 1st Six Months of 2016
CentralNic Group Plc (LON:CNIC), today announced its half year results for the six months ended June 30th 2016. For the six months to June 30, the company reported £45.08mln of billings - the gross amount charged for domains before revenue sharing - which represents an 468% increase compared to the same period of 2015. CentralNic’s revenue amounted to £8.9mln, double the £4.44mln in the … [Read more...]
Rightside Closes Down 12.92% on Heavy Volume
Rightside (Nasdaq: NAME) closed down $1.41 or 12.92% on Monday. The volume was substantially higher than the average daily volume of 52,197 coming in at 865,348. The shares traded as low as $8.79. This was the biggest volume day since June 24 and one of the biggest volume days all year. DomainNameWire.com reported on August 12, that Daniel Negari and Mike Ambrose sold $2 million worth of … [Read more...]
GoDaddy misses on earnings but exceeds revenue expectations
GoDaddy posted earnings after the close today, the second quarter results showed earnings missing Wall Street estimates, while revenues exceeded Wall Street expectations. Shares were up over 5% in after hours trading. GoDaddy reported EPS of $(0.11) and revenues of $456.2 million. Analyst consensus had an EPS estimate of $(0.07) and revenues of $450.32. At June 30, 2016, total cash, cash … [Read more...]
Market Recap 4/28/16 Verisign Reports Earnings – Stock up in After Hours
Market Recap 4/28/16 Verisign (VRSN) reported earnings today, the stock was down 1.5% to $89.42 on the day but is up over $90 in after hours. First Quarter GAAP Financial Results VeriSign, Inc. and subsidiaries ("Verisign") reported revenue of $282 million for the first quarter of 2016, up 9.1 percent from the same quarter in 2015. Verisign reported net income of $107 million and diluted … [Read more...]
Market Recap 4/25/16 Tucows off 2%
Market Recap 4/25/16 No real big moves today, Tucows (TCX) gave back some of it's recent gains and was off 2%. Verisign (VRSN) was up three quarters of a percent. Alphabet Inc GOOGL 742.21 +4.44 (0.60%) Godaddy Inc GDDY 30.28 +0.08 (0.26%) Rightside Group Ltd NAME 8.72 +0.06 (0.69%) Minds + Machines … [Read more...]
Market Recap 4/20/16 Tucows Continues Impressive Streak
Market Recap 4/20/16 Tucows (TCX) continues to move upwards, trading over $26 and closing up another 3.8%. Go Daddy (GDDY) and Web.com (WEB) were both up over 1%. Rightside (NAME) was off just a dime, the stock tried to break through $9 earlier in the week but has fallen back. GOOGL 774.92 -1.33 (-0.17%) GDDY 31.00 +0.33 … [Read more...]