GoDaddy Shares Rise on Q3 Earnings Beat, Revenues Increase Y/Y
GoDaddy(GDDY) ZACKS·2024-11-01 02:15
GoDaddy (GDDY) reported third-quarter 2024 earnings of $1.32 per share, beating the Zacks Consensus Estimate by 5.6% and jumping 48.3% year over year.GDDY generated revenues of $1.15 billion, surpassing the Zacks Consensus Estimate by 0.4%. Revenues increased 7.3% year over year on a reported and constant-currency (cc) basis.GoDaddy shares gained more than 1% in the pre-market trading. Shares have increased 52.2% year to date compared with the Zacks Computer & Technology sector’s return of 28.4%.GDDY’s Quar ...