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…
Domain revenue continues upward charge at GoDaddy. The big news out of GoDaddy (NYSE: GDDY) on its Q2 earnings release wasn’t the numbers. It was Scott Wagner stepping down as CEO. He is leaving for health reasons and will be replaced by Aman Bhutani, previously President of Brand Expedia Group.…
Margin contribution from domains up due to price increases and Ascio; Tucows also explains lift from moving Enom expiry stream. Tucows (NASDAQ: TCX) released second quarter earnings (pdf) yesterday after the close of the market. The company has three business lines: domain names, mobile service and internet service. For the…