Cloud-based technology solutions provider GoDaddy (NYSE: GDDY) surpassed the market’s estimates in its first quarter of 2020. Earnings of $0.24 per share and revenue of $792 million bettered consensus targets of $0.17 of EPS and $789.86 million of revenue. GDDY stock rose about 6% in the extended-hours.
For the second quarter ending June 30, 2020, GoDaddy expects revenue to grow 7% to $790 million, which includes the estimated net impact of the COVID-19 pandemic. Revenue growth by category is expected to approximate high single-digit growth in Domains, mid-single-digit growth in Hosting and presence and mid-teens growth in Business Applications. Changes in customer behavior from COVID-19 are expected to disproportionately impact the Hosting and presence category.
Most Popular
DIS Earnings: All you need to know about Walt Disney’s Q4 2025 earnings results
The Walt Disney Company (NYSE: DIS) reported its fourth quarter 2025 earnings results today. Revenues of $22.5 billion were comparable to the year-ago quarter. Net income attributable to The Walt
Cisco (CSCO) reports higher Q1 revenue and earnings; results beat estimates
Network gear maker Cisco Systems Inc. (NASDAQ: CSCO) on Wednesday announced financial results for the first quarter of fiscal 2026, reporting higher revenue and profit. Earnings, on an adjusted basis,
Advantage of CERo’s CER receptor lies in native human protein-based antigen binding: CEO
CERo Therapeutics Holdings, Inc. is a biotechnology company pioneering engineered T cell immunotherapies to combat cancer, with a focus on hematologic malignancies and solid tumors. In an email conversation with
