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Investing.com -- GoDaddy Inc. (NYSE:GDDY) reported first-quarter earnings that surpassed analyst expectations, while reaffirming its full-year 2025 guidance. The company’s stock remained flat in after-hours trading following the announcement.
The web hosting and domain registration company posted adjusted earnings per share of $1.51, exceeding the analyst estimate of $1.38. Revenue for the quarter came in at $1.2 billion, slightly above the consensus estimate of $1.19 billion and representing an 8% YoY increase on both a reported and constant currency basis.
GoDaddy’s Applications and Commerce (A&C) segment was a key driver of growth, with revenue increasing 17% YoY to $446.4 million. The Core Platform segment grew at a more modest 3% YoY, totaling $747.9 million.
"GoDaddy’s strong first quarter results and reaffirmed 2025 outlook highlight the strength of our execution and the durability of the business model," said GoDaddy CFO Mark McCaffrey.
For the second quarter, GoDaddy expects revenue between $1.195 billion and $1.215 billion, representing 7% YoY growth at the midpoint. The company reaffirmed its full-year 2025 guidance, projecting revenue of $4.86 billion to $4.94 billion.
The company also announced the completion of its 2022 share repurchase program, having retired over 25% of its fully diluted shares. Additionally, GoDaddy’s board authorized a new $3 billion multi-year share repurchase program through 2027.
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