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GoDaddy posts 17% revenue growth in Q3

Growth across the board plus a stock buyback.

GoDaddy (NYSE:GDDY) released Q3 2018 earnings after the market closed today.

Revenue hit $680 million, up 17% year-over-year. Bookings were up 11% to $742 million.

Domain revenue was $310 million, up from $272 million in the same quarter last year. It was $305 million in Q2 of this year.

GoDaddy now has over 77 million domains under management.

Customer growth also continues to march upward, with 18.3 million customers at the end of the quarter.

GoDaddy upped its revenue guidance to $2.665 billion – $2.660 billion for the year, with unlevered free cash flow of about $620 million.

The Board of Directors also approved a stock buyback of up to $500 million.

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