GoDaddy sees Q3 revenue surge, misses expectations on profit

//GoDaddy sees Q3 revenue surge, misses expectations on profit

GoDaddy sees Q3 revenue surge, misses expectations on profit

GoDaddy Inc. on Tuesday reported a mixed bag of results in the third quarter, topping analysts’ predictions for revenue but missing Wall Street expectations for profitability. The Scottsdale-based internet domain company said a higher number of subscribers came on board than anticipated during the quarter, helping push revenue up to $679.5 million, beating analysts’ estimate of $673.9 million. As a result, the company hiked its year-end guidance, now forecasting total 2018 revenue of between…

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By | 2018-11-06T23:30:52+00:00 November 6th, 2018|Economics|

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