GoDaddy misses Wall Street Q1 estimates, customer growth slows

//GoDaddy misses Wall Street Q1 estimates, customer growth slows

GoDaddy misses Wall Street Q1 estimates, customer growth slows

GoDaddy Inc. did see solid earnings growth in the first quarter, but missed Wall Street's estimates for net income as the company saw slowing customer growth. The Scottsdale-based domain name registrar and web hosting company reported net income of $12.9 million, or 7 cents per share, on revenue of $710 million for the quarter ended March 31. The company is lead by CEO Scott Wagner Analysts had expected between 10 cents and 12 cents a share, based on two separate analysts' polls. That sent GoDaddy…

Article by [author-name] (c) Technology News - Technology News Headlines | Bizjournals.com - Read full story here.

By | 2019-05-03T02:09:45+00:00 May 3rd, 2019|Technology|

About the Author: