GoDaddy(GDDY)
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GoDaddy (GDDY) Q4 Earnings Beat Estimates, Revenues Rise Y/Y
Zacks Investment Research· 2024-02-14 18:16
GoDaddy Inc.’s (GDDY) fourth-quarter 2023 adjusted earnings of $1.08 per share beat the Zacks Consensus Estimate by 4.85%. The bottom line jumped 74.2% year over year.GDDY generated revenues of $1.10 billion, lagging the Zacks Consensus Estimate by 0.11%. Revenues rose 5.8% year over year on a reported basis, as well as a constant-currency (cc) basis.Quarter in DetailApplications & Commerce, comprising Websites + Marketing, Managed WordPress, productivity applications, and payments & commerce, generated $37 ...
GoDaddy(GDDY) - 2023 Q4 - Earnings Call Presentation
2024-02-14 03:35
Q4 2023 & Full Year Financial Results February 13, 2024 Billie Dumaliang ...
GoDaddy(GDDY) - 2023 Q4 - Earnings Call Transcript
2024-02-14 03:34
GoDaddy, Inc. (NYSE:GDDY) Q4 2023 Earnings Conference Call February 13, 2024 5:00 PM ET Company Participants Christie Masoner - Vice President, Investor Relations Aman Bhutani - Chief Executive Officer Mark McCaffrey - Chief Financial Officer Conference Call Participants Naved Khan - B. Riley Zach Morrissey - Wolfe Research Vikram Kesavabhotla - Baird Matthew Pfau - William Blair Clarke Jeffries - Piper Sandler Ygal Arounian - Citigroup Ken Wong - Oppenheimer Elizabeth Porter - Morgan Stanley John Byun - Je ...
GoDaddy (GDDY) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-02-14 01:01
GoDaddy (GDDY) reported $1.1 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 5.8%. EPS of $1.08 for the same period compares to $0.62 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $1.1 billion, representing a surprise of -0.11%. The company delivered an EPS surprise of +4.85%, with the consensus EPS estimate being $1.03.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street e ...
Seeking Clues to GoDaddy (GDDY) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-02-08 15:21
Wall Street analysts expect GoDaddy (GDDY) to post quarterly earnings of $1.03 per share in its upcoming report, which indicates a year-over-year increase of 66.1%. Revenues are expected to be $1.1 billion, up 5.9% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Bef ...
GoDaddy (GDDY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Zacks Investment Research· 2024-02-06 16:06
The market expects GoDaddy (GDDY) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released o ...
GoDaddy and Ethereum Name Service Simplify Connecting Domain Names and Crypto Wallets for Customers
Prnewswire· 2024-02-05 15:34
Users can now connect their GoDaddy domain with their ENS name for free, seamlessly connecting DNS to ENS and the Web3 ecosystem TEMPE, Ariz., Feb. 5, 2024 /PRNewswire/ -- GoDaddy (NYSE: GDDY), a global leader in domain registration and web hosting is excited to partner with Ethereum Name Service (ENS), a pioneer in blockchain-based naming systems, to enable domain name users to link their domains to ENS effortlessly, with no additional costs or technical experience required. This collaboration signifies a ...
Starboard urges GoDaddy to set 'prudent' guidance and offer specifics on cost savings
CNBC· 2024-01-31 15:39
The GoDaddy banner hangs outside of the New York Stock Exchange as the website hosting service makes its initial public offering (IPO) on April 1, 2015 in New York City.Activist investor Starboard Value on Wednesday sent a letter to web-services company GoDaddy, urging management to continue moving "in the right direction" by setting specific and realistic growth targets and providing investors with more detail on how management will improve margins.Starboard has a more than 6% stake in the company, and has ...
STARBOARD DELIVERS LETTER TO GODADDY
Prnewswire· 2024-01-31 13:00
Believes that Opportunities Continue to Exist to Significantly Improve GoDaddy's Combination of Growth and Profitability Views the Company's Recent Disclosure of Improved Profitability Targets as a Step in the Right Direction Believes GoDaddy Remains Undervalued with an Opportunity for Significant Shareholder Value Creation Intends to Closely Monitor the Company's Upcoming Q4 FY23 Earnings Call and March 2024 Investor Day to Ensure that Appropriate Operating and Financial Targets Are Set for the Near, Mediu ...
GoDaddy Inc. Completes Refinancing of Existing Tranche B-5 Term Loans
Prnewswire· 2024-01-22 21:15
TEMPE, Ariz., Jan. 22, 2024 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY) today announced Go Daddy Operating Company, LLC and GD Finance Co, LLC (each, a subsidiary of GoDaddy Inc. and together, the "Borrowers") closed the previously announced credit agreement refinancing. In connection with the closing, the Borrowers entered into a Tenth Amendment (the "Tenth Amendment") to the Second Amended and Restated Credit Agreement, dated as of February 15, 2017 (as amended, restated, supplemented or otherwise modified, ...