After its first earnings report as a public company, Rightside (NAME) is up about 20% in after hours trading. Rightside is currently trading at $11.26 up $1.85 from its closing price of $9.41 Rightside has a 52 week low is $8.96 and its 52 week high of $17 but just started trading on August 1st 2014. Here are the highlights: Rightside reported 16 Million domains under management … [Read more...]
Archives for 2014
Rightside’s 1st Earnings Report: Revenue Up 15%: Makes $8.6 Million By Losing gTLD Apps
Rightside Group, Ltd. (NAME) announced its financial results for the third quarter ended September 30, 2014. Rightside is the company that was spun off from Demand Media, Inc, (DMD) which owns the domain name registrars Enom.com and Name.com, and owns a bunch of new gTLD's and is the backend provider for Donuts which just passed one million domain name registrations This is Rightside first … [Read more...]
Will Web.com Hurt Godaddy’s IPO?
Web.com had a few comments on its earnings call today that should be of concern to all domain name registrars: CEO David L. Brown noted "the increased availability of [domain] names has had a near-term negative impact on domain-related revenue," primarily related to "non-core domain-related revenue such as sales of premium domain names and bulk domain sales." Non-domain businesses … [Read more...]
Web.com Is Down Over 22% & Hits a 52 Week Low After Earning Report
Shares Of Web.com (WWWW) hit a 52 week low of $14.89 today after reporting its earnings which missed expectations. The company reported a loss of $3.4 million, or 7 cents a share. Adjusted earnings came to 66 cents a share. Revenue totaled $137.4 million. The consensus estimate called for adjusted earnings of 63 cents a share on revenue of $147.42 million. The company also announced the … [Read more...]
1st Day New gTLD Totals: .Capetown 1,772; .Joburg 1,458; .Market 1,229; .Durban 985; .Mortgage 635
5 new gTLD extensions had their first day of general availability(GA) yesterday including three Geo's of cities in Africa (Tuesday Africa time) and two by Rightside (NAME) Including Sunrise registrations by trademark holders, those that paid an extra fee for earlier access through Landrush or the Early Access Program (EAP) here are the totals after the first day of GA: .Capetown … [Read more...]
cyclingtips.com.au Guilty Of Reverse Domain Name Hijacking On Cyclingtips.com
Wallace Media Pty Ltd of Balaclava, Victoria, Australia, which owns the domain cyclingtips.com.au, and was represented by Holding Redlich, Australia has been found guilty of Reverse Domain Name Hijacking (RDNH) on the domain name cyclingtips.com The domain holder is CyclingTips CA of Quebec, Canada, was represented by ESQwire.com PC The three member panel of Luca Barbero, Andrew F. Christie … [Read more...]
.xyz Is The First New gTLD to Surpass 700,000 Registrations
.xyz Is The First New gTLD to Surpass 700,000 Registrations .xyz is the first new gTLD to surpass 700,000 registrations with 701,495 today, according to nTLDstats.com. Last week, new gTLDs topped 3 million registrations, which .xyz accounts for nearly 23%. Even when subtracting the Network Solutions registrations, .xyz is still the largest with 324,000 domains. .xyz is doing especially well … [Read more...]