Reglikedomain industry desk

GoDaddy shares jump following hours on earnings, guidance

Wall Street applauds GoDaddy’s Q3 results.

Shares in GoDaddy are up sharply following the firm noted earnings this afternoon.

GoDaddy shares are trading at $30.00 per share in following hours trading, up around 10% from its closing price today.

The firm noted a 15% jump in revenue year-over-year for the third quarter, while adjusted EBITDA was up 22.5%. The firm bumped annual revenue guidance up as well.

In other good news, annual revenue per client was up 6.8% compared to the same quarter last year.

Domains under management ticked up regarding a million to 61 million. The domain business saw 10.5% YoY growth.

Net loss for the quarter was $(5.2) million.

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