Company reports strong second quarter and customer base milestone.
GoDaddy (NYSE: GDDY) announced its second quarter earnings this afternoon.
The company now has over 20 million paying customers after adding 400,000 in the latest quarter.
Q2 was a boon for most domain name and website service providers as people made their businesses digital during pandemic-induced shutdowns. The commerce tier of GoDaddy’s Websites + Marketing product had 60% quarter-over-quarter growth and 90% year-over-year growth in adds.
Overall, year-over-year bookings were up 11%, revenue was up 9%, and unlevered free cash flow was up 11%.
The domains business had $370 million revenue, up 11% year-over-year and about 4% compared to its Q1 number of $355.9 million.
GoDaddy also said that its acquisition of Uniregistry “is showing significant progress in integration with shorter sales cycles and early revenue synergies.”
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