Reglikedomain industry desk

Rightside notes record revenue but fresh TLD revenue growth is slow

Revenue grows in Q4 but fresh TLD revenue remains just a modest fraction of the total.

Rightside (NASDAQ:NAME) today noted record quarterly revenue for Q4 of $55.7 million, and full year revenue of $212.5 million.

All three segments of the firm — registrar, registry and aftermarket — showed quarter-over-quarter growth. But registry services (aka fresh TLDs), where the firm is betting on its future, grew only slightly.

The firm noted $2.5 million of registry services revenue, up from $2.4 million in Q3.

Its registrar segment, counting eNom and Name.com, grew from $44.0 million to $44.7 million.

Aftermarket grew fastest, from $8.5 million to $9.3 million, most likely helped by strong demand for domain names sold at NameJet. Rightside owns half of NameJet in partnership with Web.com.

Rightside lost ($3.8) million in Q4, but had an adjusted EBITDA of $2.6 million.

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