Web.com Group, Inc. (WWWW) Thursday said first-quarter loss from continuing operations widened to $46.5 million or $0.97 per share from $29.8 million or $0.65 per share in the same period last year.
First-quarter results included a $19.5 million charge for a loss related to debt extinguishment.
Adjusted earnings from continuing operations totaled $24.5 million or $0.48 per share. On average, 12 analysts polled by Thomson Reuters expected the company to earn $0.45 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues totaled $115.55 million, up from $91.51 million last year. Analysts expected revenues of $127.71 million.
Average revenue per use, or ARPU, was $13.89, up $0.12 from $13.77 in the previous quarter. Customer churn was approximately 1 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.