GoDaddy (GDDY) shares surged Friday, a day after the company raised its 2024 revenue guidance after the bell.
GoDaddy's (GDDY) second-quarter 2024 results reflect strong momentum across the Applications & Commerce business and an expanding global footprint.
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GoDaddy Inc. (NYSE:GDDY ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants Christie Masoner - Vice President, Investor Relations Aman Bhutani - Chief Executive Officer Mark McCaffrey - Chief Financial Officer Conference Call Participants Josh Beck - Raymond James Trevor Young - Barclays Jian Li - Evercore Elizabeth Porter - Morgan Stanley Vikram Kesavabhotla - Baird Willow Miller - William Blair Clarke Jeffries - Piper Sandler Ygal Arounian - Citi Chris Kuntarich - UBS Naved Khan - B. Riley Christie Masoner Welcome to GoDaddy's Second Quarter 2024 Earnings Call.
While the top- and bottom-line numbers for GoDaddy (GDDY) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
GoDaddy (GDDY) came out with quarterly earnings of $1.10 per share, beating the Zacks Consensus Estimate of $1.07 per share. This compares to earnings of $0.63 per share a year ago.
Internet services provider GoDaddy raised forecast for fiscal 2024 revenue on Thursday, as it sees robust demand for its services helped by a growing number of businesses that are expanding their online presence.
Evaluate the expected performance of GoDaddy (GDDY) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
GoDaddy (GDDY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
GoDaddy Inc (NYSE:GDDY) stock is trading at all-time highs after joining the S&P 500 Index (SPX) last month, and recently bounced off the $140 level following a late-June breakout. That level is also seven times the equity's initial public offering (IPO) price and coincides with its 20-day moving average, with shares now behaving in a similar way as they did in April.
GoDaddy (GDDY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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