Wall Street applauds GoDaddy’s Q3 results.
Shares in GoDaddy are up sharply after the company reported earnings this afternoon.
GoDaddy shares are trading at $30.00 per share in after hours trading, up around 10% from its closing price today.
The company reported a 15% jump in revenue year-over-year for the third quarter, while adjusted EBITDA was up 22.5%. The company bumped annual revenue guidance up as well.
In other good news, annual revenue per customer was up 6.8% compared to the same quarter last year.
Domains under management ticked up about a million to 61 million. The domain business saw 10.5% YoY growth.
Net loss for the quarter was $(5.2) million.