It's the second big impairment charge from the acquisition. Endurance International Group (NASDAQ: EIGI) has taken another big impairment charge related to its 2014 acquisition of BuyDomains for $45 million. In its latest quarterly filing, the ... Continue Reading8 Comments
Endurance reports earnings, domain customer growth
· Domain RegistrarsGreen shoots at Endurance International Group? Endurance International Group (NASDAQ: EIGI) reported second-quarter earnings this morning. All major metrics for the business continue to decline as forecasted. Revenue was $278.2 million, down ... Continue ReadingLeave a Comment
Domain names are one bright spot for Endurance
· Domain RegistrarsRevenue dips overall but domain business grows. Endurance International Group (NASDAQ: EIGI) reported first quarter earnings before the bell this morning. Revenue dropped year-over-year from $295.1 million in Q1 2017 to $291.4 million in Q1 of this ... Continue Reading1 Comment
Endurance writes off $13.8 million in domain name value
· Domain SalesCompany that acquired BuyDomains in 2014 just wrote off $13.8 million in domain value. Endurance International Group has written off $13.8 million of value from domain names it acquired in 2014. The company made the disclosure in its most recent ... Continue ReadingLeave a Comment
Remember Congo? It rebranded as LawBooth.com
· Domain SalesCompany finds a good .com for under $3,000. Remember Congo? The company that started its lawyer-match service at Congo.io, and then balked at the "egregiously overinflated" asking price of $750,000 for Congo.com? Although I disagree about its ... Continue Reading28 Comments
BuyDomains and the economics of large domain portfolios
· ServicesShould very large domain name portfolios be valued per domain or on sales and profitability metrics? The sale of BuyDomains.com this week, including a portfolio of close to a million domains for something less than $80 per domain, has raised ... Continue Reading10 Comments
Why Endurance bought BuyDomains, and why the price might make sense
· Domain SalesBuyDomains is a natural fit for Endurance, and you need to look at more than price-per-domain to understand its value. Endurance International, a $2.1 billion (market cap) rollup of hosting and domain name companies, announced this morning that it ... Continue Reading14 Comments
Endurance continues to roll up, acquires BuyDomains
· Domain SalesNameMedia sells off domain name portfolio. Publicly traded Endurance International Group continued its roll up of the webhosting and domain name business last quarter with the acquisition of BuyDomains, the company announced today. In his prepared ... Continue Reading6 Comments
BuyDomains defends UDRP brought by Academy Sports
· Policy & LawBuyDomains said it registered AcademyOnline.net as a generic domain name, not because of the sports retailer. BuyDomains, part of NameMedia, has successfully defended a UDRP brought by Academy Sports + Outdoors against the domain name ... Continue ReadingLeave a Comment
BuyDomains relaunches site
· Domain SalesNameMedia refreshes end user sales web site. BuyDomains, the end user domain name sales site owned by NameMedia, relaunched with a completely new look and feel today. The site places a greater focus than the previous one on explaining why a business ... Continue Reading1 Comment