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TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — GoDaddy Inc. (GDDY) on Tuesday reported fourth-quarter profit of $1.13 billion.
On a per-share basis, the Tempe, Arizona-based company said it had net income of $7.85. Earnings, adjusted for pretax gains, came to $1.08 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.
The cloud-based technology products developer posted revenue of $1.1 billion in the period, which met Street forecasts.
For the current quarter ending in March, GoDaddy said it expects revenue in the range of $1.09 billion to $1.11 billion.
The company expects full-year revenue in the range of $4.48 billion to $4.56 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GDDY at https://www.zacks.com/ap/GDDY