Fewer large aftermarket transactions hurt Q1 results. GoDaddy (NYSE: GDDY) reported Q1 2023 earnings this afternoon. The company's revenue was up 3.3% year over year, but revenue for the Core Platform segment that includes domains was down by ... Continue Reading3 Comments
NameSilo revenue jumps 23% to $45M in 2022
· Domain RegistrarsRevenue was up, but bookings were flat. Domain name registrar NameSilo (CSE: URL) (PINKSHEETS: URLOF) reported 2022 earnings today. The company grew revenue by 23.5% to $45.0 million and reported a gross profit of $8.0 million. Total bookings ... Continue ReadingLeave a Comment
Epik responds to customer lawsuit over $327,000 debt
· Domain RegistrarsCompany admits it owes the plaintiff money but denies other claims. Epik has responded to a lawsuit that alleges the company owes a customer $327,000 over a failed domain transaction. In its response, the company basically agrees (pdf) that it ... Continue Reading7 Comments
CentralNic reports Q1, announces Microsoft deal and board changes
· Domain RegistrarsCompany diversifies revenue stream with Microsoft deal. Domain name and online advertising company rollup CentralNic (London AIM: CNIC) released news this morning. First, on the earnings front, the company expects to report $194.9 revenue for Q1 ... Continue ReadingLeave a Comment
Epik threatens to sue Rob Monster, publicly asks him to resign
· Domain RegistrarsCompany tweets complaints about the company's former CEO, asks him to resign, and threatens to sue him. Epik's Twitter account has been inactive since Rob Monster left the company in September 2022. It's back and with a message for the company's ... Continue Reading14 Comments
Epik sued over misuse of funds
· Domain RegistrarsMan says company owes him over $300,000. A man has sued (pdf) domain name registrar Epik, its Masterbucks entity, former CEO Rob Monster, and current CEO Brian Royce after the company failed to return his funds in an escrow transaction. Matthew ... Continue Reading15 Comments
CentralNic’s annual report outlines big strategic shift
· Domain RegistrarsCompany plans to harvest some of its free cash flow. CentralNic (AIM: CNIC) published its annual report (pdf) this week. The rollup of domain name and traffic monetization companies is entering a new phase with a new CEO, and three things stuck out ... Continue ReadingLeave a Comment
GoDaddy gets patent for AI-based domain valuation
· Domain RegistrarsIt's one of many patents the company owns related to domain appraisals. GoDaddy (NYSE: GDDY) has been awarded U.S. Patent number 11,615,313 (pdf) for "Using a value for a domain name determined by a machine learning engine." Here's how the ... Continue Reading2 Comments
Gandi nixes free lifetime email with domain registrations
· Domain RegistrarsCompany will start charging for email beyond the first year of registration. Total Web Solutions acquired domain registrar Gandi this month to form a new entity called Your.Online. Its first order of business: generating more revenue by eliminating ... Continue Reading3 Comments
.Com winners: Gname hops into top 10 largest by .com DUMs
· Domain RegistrarsHere are the biggest and fastest-growing domain name registrars for .com domains. ICANN has published the latest official data from Verisign (NASDAQ: VRSN) about the .com namespace. This registrar-by-registrar report covers November 2022. Gname ... Continue ReadingLeave a Comment
