GoDaddy tops $1 billion in quarterly bookings, domain revenue surges

GoDaddy tops $1 billion in quarterly bookings, domain revenue surges

GoDaddy turns in big numbers for Q1 and announces to executive hires.

GoDaddy logo showing the heart-shaped design

GoDaddy (NYSE: GDDY) reported earnings after the market closed today.

The company reported its first quarter ever that topped $1 billion in bookings, generating $1.0887 billion.

Revenue was up 13.8% year over year to $901.1 million.

Domains revenue surged 18.8% to $422.7 million. This echoes Verisign’s upbeat first quarter report, although some of the lift has to do with the creation of GoDaddy Registry last year upon acquiring Neustar’s registry business.

The Hosting & Presence segment eked out a 4.4% year over year increase and Business Applications grew 21.0%. International revenue was up 15.5%.

GoDaddy increased its full-year guidance for revenue and unlevered free cash flow.

The company also announced that it hired Mark McCaffrey as its new CFO. McCaffrey was a partner at PwC. Michele Lau will be the company’s new Chief Legal Officer.

Post link: GoDaddy tops $1 billion in quarterly bookings, domain revenue surges

© DomainNameWire.com 2021. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact editor (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: