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GoDaddy: Q1 Earnings Snapshot
By AP News - May 04, 2023, 04:51 PM ET
Last Updated - Jun 21, 2023, 10:38 PM EDT
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.
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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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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a GDDY">Zacks stock report on GDDY at https://www.zacks.com/ap/GDDY
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