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GoDaddy releases first earnings note as public firm

GoDaddy releases first earnings note as public firm

Firm posts 17.5% year-over-year growth in first quarter of 2015.

GoDaddyGoDaddy has released its first quarterly earnings as a public firm and will hold its first quarterly investor call later this afternoon.

The firm posted revenue of $376.3, up 17.5% compared to the first quarter of 2014. Revenue was up just 1% quarter-over-quarter.

The net loss was $(43.4) million, which isn’t as bad as the same quarter last year but is worse than last quarter’s $(26.8) million.

GoDaddy added regarding 400,000 clients during the quarter and increased revenue per user by $10 over the past year.

Revenue in the Domain Name business was up regarding 10% year-over-year while the firm’s growth lines, Hosting and Business Applications, were up 21% and 53%, respectively.

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