Domain revenue continues upward charge at GoDaddy.
The big news out of GoDaddy (NYSE: GDDY) on its Q2 earnings release wasn’t the numbers. It was Scott Wagner stepping down as CEO. He is leaving for health reasons and will be replaced by Aman Bhutani, previously President of Brand Expedia Group.
On the numbers side of things, revenue in Q2 2019 was $737.2 million, up 13.1% year-over-year. Total bookings hit $846.1 million, up 12.2%. The customer base increased by 1.0 million customers.
Domains revenue was $334.4 million, up 9.7% year over year. GoDaddy pulled in $319.6 million from domains in Q1 of this year, so it had a good quarter-over-quarter lift.
Revenue in the company’s hosting/web presence business grew 14% year-over-year and business applications revenue was up 20%.