GoDaddy Inc. Q3 Profit Advances, Beats Estimates

GoDaddy Inc. (GDDY) announced earnings for its third quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $190.5 million, or $1.32 per share. This compares with $131 million, or $0.89 per share, in last year's third quarter.

Analysts on average had expected the company to earn $1.23 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 7.3% to $1.147 billion from $1.069 billion last year.

GoDaddy Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $190.5 Mln. vs. $131 Mln. last year.
-EPS (Q3): $1.32 vs. $0.89 last year.
-Revenue (Q3): $1.147 Bln vs. $1.069 Bln last year.

-Guidance:
Next quarter revenue guidance: $1.165-$1.185 Bln
Full year revenue guidance: $4.545-$4.565 Bln

by RTTNews Staff Writer

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