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GoDaddy: Q2 Earnings Snapshot

TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — GoDaddy Inc. (GDDY) on Thursday reported second-quarter earnings of $240.1 million.

The Tempe, Arizona-based company said it had net income of $1.83 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.72 per share.

The cloud-based technology products developer posted revenue of $1.3 billion in the period, also surpassing Street forecasts. Eight analysts surveyed by Zacks expected $1.29 billion.

For the current quarter ending in September, GoDaddy said it expects revenue in the range of $1.32 billion to $1.34 billion.

The company expects full-year revenue in the range of $5.22 billion to $5.26 billion.

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This story was generated by (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a at https://www.zacks.com/ap/GDDY

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