Domain name business keeps growing.
GoDaddy (NYSE:GDDY) reported earnings after the bell yesterday.
Total revenue for Q3 was $582.2, up 24% year-over-year. That represents growth of about 12% if you exclude the additional revenue from acquiring Host Europe Group.
The domain name business contributed $271.5 million and the company says most of the 15% year-over-year growth was organic. For comparison, the domains business line contributed $263 million of revenue in Q2 of this year. GoDaddy now has about 73 million domain names under management.
The company did not disclose details of either of its two domain portfolio purchases this year in its press release, presentation and conference call. Both of these purchases took place subsequent to the end of Q3. I’m hopeful that a high-level number will be disclosed in the company’s 10-Q filing with the SEC.