Revenue grows in Q4 but new TLD revenue remains just a small fraction of the total.
Rightside (NASDAQ:NAME) today reported record quarterly revenue for Q4 of $55.7 million, and full year revenue of $212.5 million.
All three segments of the company — registrar, registry and aftermarket — showed quarter-over-quarter growth. But registry services (aka new TLDs), where the company is betting on its future, grew only slightly.
The company reported $2.5 million of registry services revenue, up from $2.4 million in Q3.
Its registrar segment, including eNom and Name.com, grew from $44.0 million to $44.7 million.
Aftermarket grew fastest, from $8.5 million to $9.3 million, most likely helped by strong demand for domain names sold at NameJet. Rightside owns half of NameJet in partnership with Web.com.
Rightside lost ($3.8) million in Q4, but had an adjusted EBITDA of $2.6 million.