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...]
Google parent Alphabet misses on Q3 earnings – stock down in after hours trading
Alphabet Inc the parent of Google ( NASDAQ: GOOG, GOOGL) reported earnings after the close and earnings missed expectations. Shares of Alphabet hit a new all time high at $1,299.31 during the trading day. CNBC reported Google missed earnings expectations in Q3 2019, earning $10.12 per share vs $12.42 expected.Otherwise, the company’s earnings report was pretty much as investors … [Read more...]
Verisign earnings for Q3 2019 beat expectations
VeriSign, Inc. (NASDAQ: VRSN) reported earnings today. They showed earnings per share of $1.36 on revenue of $308.4M. This was better than analyst projections. According to Yahoo the company missed on revenues. The stock closed up on Thursday at $185.73. Financial Highlights • Verisign ended the third quarter of 2019 with cash, cash equivalents and marketable securities of $1.23 billion, … [Read more...]
GoDaddy reports earnings and dives 5% in after hours before rebounding
GoDaddy (NYSE:GDDY) reported earnings today, this coincided with the news that CEO Scott Wagner would be stepping down and being replaced by Aman Bhutani, who most recently served as president of Brand Expedia Group. The stock was up on the day but took a dive in after hours trading once the earning were reported. Excluding one-time items, the company posted earnings of 1 cent, below … [Read more...]
Google parent company Alphabet reports strong second quarter
The most famous company in the world that's using a .xyz reported earnings today. Alphabet reports Q2 revenue of $38.9B, up 19% YoY, net income of $9.9B, up from $3.2B YoY, and a stock buyback of $25B; stock up 7%+ after hours One interesting stat Paid clicks on Google properties up 28% YOY and up 6% from Q1 2019. … [Read more...]
Verisign shares hit new high while Tucows is down 6.6%
Verisign shares hit a new high today, the high on the day was $121.61 before closing at $120.55. 120.55 +4.20 (3.61%) Range 116.23 - 121.61 52 week 81.58 - 121.61 Open 116.47 Vol / Avg. 2.32M/939,093.00 Mkt cap 11.76B P/E 32.74 Div/yield - EPS 3.68 Shares 97.59M Beta 0.92 Inst. … [Read more...]
Shares of Web.com Up Over 13% After Hours On Takeover Rumors
Shares of Web.com (WEB) rose over 13% after hours as Reuters.com reported the company "is in talks with private equity firms after receiving takeover approaches." The story went on to say "The buyout interest in Web.com comes as its sector has become increasingly crowded, with companies such as Wix.com Ltd, Weebly Inc and Squarespace seeking to gain market share from established players such as … [Read more...]
