Wall Street punishes company after disappointing Q1 results. Domain name, wireless and internet provider Tucows had a rough day. Shares in the company plunged $17.30, or 20%, to $68.75. About $180 million of value was wiped out in one day. The drop came after the company reported disappointing earnings after the market closed yesterday. Revenue slid in the company’s domain business and it faced headwinds with suppliers for its wireless service. Long-term shareholders probably aren’t…"Tucows lost 20% of its value today"
Company hits stumbling blocks in Q1. It is truly a quarter where it would be a lot easier to be private than public, but all of that makes me continually grateful for the nature of our investors. That’s what Tucows CEO Elliot Noss had to say about his company’s first quarter 2019 results released yesterday. Tucows (NASDAQ: TCX) reported declining year-over-year numbers. Revenue was down 18% and net income fell 25%. The results weren’t nearly…"Tucows takes a short term hit but CEO Noss is optimistic"
Numbers fall short of Wall Street’s expectations. GoDaddy (NYSE: GDDY) reported earnings after the bell yesterday. The company’s revenue was up 12.1% year-over-year to $710.0 million. That’s the midpoint of GoDaddy’s expectations for the quarter but fell below consensus analyst estimates. Profit also fell below Wall Street’s expectations, causing shares to drop after hours yesterday and this morning. Bookings hit $870.5 million, up 11.2% year-over-year. Domains revenue was $319.6 million, up 9.6% year-over-year. It was…"GoDaddy disappoints Wall Street in Q1"
Security company claims GoDaddy didn’t pay what it owes. Website security company SiteLock has sued domain name registrar and hosting company GoDaddy (NYSE: GDDY) for breach of contract and trademark claims. The two companies signed a reseller agreement in 2013 under which GoDaddy could sell SiteLock’s website security services. SiteLock charged per subscription and GoDaddy could mark up the price however much it wanted so long as it met a minimum retail price. For example,…"SiteLock sues GoDaddy over troubled partnership"
Domain name and hosting company lowers outlook for 2019. Shares of Endurance International Group (NASDAQ: EIGI) fell nearly 12% in trading yesterday after the company lowered its 2019 forecast. Shares ended the day at $5.53. GAAP revenue guidance lowered from $1.4 billion – $1.6 billion to $1.2 billion – $1.4 billion Adjusted EBITDA forecast lowered from $310 million – $330 million to $300 million – $320 million Free Cash Flow guidance lowered from $115 million…"Endurance International falls 12% on lower forecast"
Consider these eight safeguards to keep thieves away from your domain names. If you own domain names–particularly good names–you are at risk of having your valuable assets stolen from you. Thieves will try to compromise your domain registrar account (sometimes by first compromising your email account) and transfer the domains to another registrar. Sometimes they won’t change your nameservers, so you might not realize the domain name is stolen until much later. This makes it…"How to keep your domains from being stolen (2019 edition)"
Company’s revenue tops forecast for Q1. Namecheap CEO Richard Kirkendall Privately held domain name registrar Namecheap has reported $37 million in gross revenue for Q1 2019. This represents 21% year-over-year growth and is about $3 million more than the company forecasted. Namecheap expects to generate $148 million in revenue for 2019. It added 235,000 customers in the first quarter. The registrar now has about 10.5 million domains under management, up from 10.0 million in September…"Namecheap posts $37 million revenue in Q1"
Expirations outpaced new registrations at GoDaddy in December. ICANN has published the latest official data from Verisign (NASDAQ: VRSN) about the .com namespace. This registrar-by-registrar report covers December 2018. Something interesting happened in December: GoDaddy’s .com domains under management (DUMs) dropped. I’ve tracked monthly numbers for a long time and don’t recall this happening in recent history. The drop isn’t due to a large outbound transfer. In fact, GoDaddy’s net transfer loss was less than…".Com slips at GoDaddy"
Namecheap becomes biggest registrar to offer .Is domains. This picture of Iceland makes me want to visit. Or at least register a .Is domain name. Country code domain names are an interesting animal. Some registries make it very difficult to register them; others market them heavily through the registrar channel. One domain that has traditionally been difficult or expensive to register is Iceland’s .IS domain. There are a few registrars, typically brand protection registrars, that…"Iceland’s .Is domain is now easier to register"
CentralNic registrars will pick up 680,000 domain names. Three domain name registrars owned by CentralNic (London AIM: CNIC) will take over the domain names from defunct domain name registrar AlpNames. All names will be managed through the Moniker.com website. Moniker will take the domains that end in .biz, .com, .info, .net, .org. Two other registrar accreditations will handle .pro domains and new top level domains, but customers won’t realize this; they will still access the…"Moniker to take over Alpnames domain names"