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GoDaddy disappoints Wall Street in Q1

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…

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