GoDaddy (NYSE:GDDY) reported their first quarter earnings, Revenues up 12%; Operating Cash Flow up 17% and uFCF up 18%. The stock is up in after hours trading -After hours 72.21 +2.21 (3.16%) during the day it was up 2%. 70.00 USD +1.38 (2.01%) Here is a look at the full release: SCOTTSDALE, Ariz., May 6, 2020 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY), the company that empowers … [Read more...]
Verisign reports Q1 2020 earnings Revenue up 2%
Verisign, Inc ((NASDAQ: VRSN) reported first quarter 2020 earnings. Financial Highlights Verisign ended the first quarter of 2020 with cash, cash equivalents and marketable securities of $1.14 billion, a decrease of $79 million from the end of 2019.Cash flow from operating activities was $180 million for the first quarter of 2020, compared to $187 million for the same quarter in … [Read more...]
Motley Fool contributor looking for Tucows to bounce back
Tucows (TSX:TC)(NASDAQ:TCX) got a write up on Motley Fool by Joey Frenette. While calling the domain business "boring" Frenette mentioned that he liked Tucows to bounce back. The stock was down 5.2% today 52-wk high90.2152-wk low45.01 From the article: Consider Tucows (TSX:TC)(NASDAQ:TCX), a Canadian IT services and telecom company that’s a cash cow of a business with encouraging … [Read more...]
GoDaddy reports Q4 and full year 2019 results
GoDaddy (NYSE:GDDY) reported earnings after the close today. After hours stock moving up 74.15 +3.28 (4.63%) The company made news on Tuesday with the announcement of their acquisition of Name Administration Inc. and Uniregistry. That deal will close in Q2 which normally gets reported in the first couple days of August. The acquisition was mentioned under business highlights in this … [Read more...]
ArsTechnica covers the Verisign proposed price hike
The backlash over Verisign raising prices was picked up by a publication outside the domain industry. ArsTechnica.com published a piece today that highlighted the concerns from registrars. The article discussed the potential for Verisign to make an additional $500 million per year. It also honed in on price caps. From the article: While ICANN has eliminated price caps on .org and most … [Read more...]
After missing on earnings Verisign stock off over 5% today
VeriSign (VRSN) came out with quarterly earnings of $1.31 per share, they missed on Zacks Consensus Estimate of $1.34 per share. Last year they had earnings of $1.58 per share a year. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.24%. A quarter ago, it was expected that this internet infrastructure services provider would … [Read more...]
GoDaddy to do a share buyback of $500 million
GoDaddy (NYSE:GDDY) is up 16% today, the company announced strong earnings yesterday and a share buyback. CNBC broke it down Key Points GoDaddy on Wednesday announced its biggest ever share buyback of $500 million.The company reported a 12% rise in quarterly revenue as the web hosting company earned more per user, sending its shares up 10% in extended trading.Average revenue per … [Read more...]
