Rightside continues upward trajectory.
Domain name company Rightside posted record revenue of $52.2 million in Q2, the company announced today. That compares to $46.7 million in Q2 2014 and $50.5 million in the first quarter of this year.
The company posted revenue gains in all three segments compared to Q2 2014.
Registrar services revenue, which includes eNom and Name.com, increased 10% to $43.3 million compared to $39.4 million.
Registry services revenue, which includes both Rightside’s own TLDs and managing services for Donuts, increased to $1.9 million compared to $0.2 million.
Aftermarket and other revenue, which includes part of NameJet and Rightside’s own portfolio of domains, had revenue of $7.5 million compared to $7.1 million.
All three segments posted revenue gains quarter-over-quarter as well.
Rightside generated $3.5 million GAAP revenue from its own top level domain names for the first half of the year.
The stock hit an all time low today, revenue might be growing to some degree but costs are growing much faster. $5.6million loss in just 3 months.
Hot air won’t be enough to inflate this NTLD dog.
Shares did not hit an all time low today.
How do they replace the millions coming in that they get for losing auctions when that gravy train stops?
In fact, they didn’t get any money from that last quarter, and it’s one of the reasons they point to a wider GAAP loss.