GoDaddy almost turns a GAAP profit in Q4.
Domain name and web hosting company GoDaddy (NYSE:GDDY) reported earnings after the bell today.
GoDaddy had a net loss of $(0.5) million and an adjusted EBITDA of $73.5 million. Total bookings hit $464.0 million and unlevered free cash flow came in at $52.3 million. (The latter two measures are important for a subscription-based business like GoDaddy’s.)
The company reported $425.4 million revenue in Q4, up 14.4% year-over-year and 3.5% over the Q3.
Revenue from domains was $218.1 million, up 9.5% year-over-year but just 1.4% over Q3.
GoDaddy’s push into international markets is paying off. International revenue was up 16.9% year-over-year, and it would have been 25.3% had the U.S. dollar not been so strong.
The registrar now has 62 million domain names under management.