TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — GoDaddy Inc. (GDDY) on Thursday reported first-quarter earnings of $47.3 million.
On a per-share basis, the Tempe, Arizona-based company said it had net income of 30 cents.
The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share.
The cloud-based technology products developer posted revenue of $1.04 billion in the period, meeting Street forecasts.
For the current quarter ending in June, GoDaddy said it expects revenue in the range of $1.05 billion to $1.07 billion.
The company expects full-year revenue in the range of $4.25 billion to $4.33 billion.
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