Wix says business slowed, especially in the second half of Q2. Web presence companies, including domain name registrars and webhosting/site builder companies, have benefited from the pandemic. Offline businesses have quickly adopted online business ... Continue ReadingLeave a Comment
Verisign has another strong quarter, raises guidance
· Services.Com domain registrations continue to outpace prior years. Verisign (NASDAQ: VRSN) reported second quarter 2021 earnings after the market closed today. The company reported another robust quarter, with 11.7 million new .com and .net domains ... Continue ReadingLeave a Comment
CentralNic reports 16% organic growth in Q1
· ServicesCompany reports organic growth in all three of its business segments. CentralNic (London AIM: CNIC) reported earnings for Q1 today. The company said its organic revenue grew 16% compared to Q1 2020. It said that all three of its business ... Continue ReadingLeave a Comment
MMX reports 2020 results
· ServicesMost numbers flat to down slightly as company prepares to sell its assets to GoDaddy. Top level domain name company MMX (Minds + Machines, London AIM: MMX) reported its full results for 2020 yesterday. The company reported revenue and profit ... Continue ReadingLeave a Comment
CentralNic earnings show shift from domain registration company to ad company
· Domain ParkingAd revenue made up nearly half of CentralNic's 2020 revenue. Domain name industry rollup CentralNic (London AIM: CNIC) reported unaudited financials for 2020 today. The results show a significant shift in how the company makes money. CentralNic ... Continue ReadingLeave a Comment
Verisign reports earnings, 10.9 million new .com/.net registrations
· ServicesVersign reports earnings, including a strong quarter for new registrations. Verisign (NASDAQ: VRSN), the domain name registry for .com and .net domain names, announced third quarter earnings after the market closed today. Revenue was up 3.1% ... Continue ReadingLeave a Comment
Wix has record-setting Q2 thanks to Covid
· ServicesCompany nearly doubles its marketing spend as businesses move online. Website builder Wix (NASDAQ: WIX) reported second quarter earnings today, setting records thanks to the pandemic-induced rush to get online. The company reported a remarkable ... Continue ReadingLeave a Comment
Endurance experiences Covid tailwinds as revenue grows
· Domain RegistrarsIncrease is businesses going online helps Endurance in second quarter. Endurance International Group (NASDAQ: EIGI), a rollup of domain name, hosting and marketing services for small businesses, reported earnings this morning. Its numbers were ... Continue ReadingLeave a Comment
MMX: Registrations and billings up, revenue down in H1
· ServicesRegistrations at domain name registrars grew while one-off brokered sales dropped. Top level domain name registry MMX (aka Minds + Machines, London AIM: MMX) issued high-level earnings information today for the first half of 2020. Year-on-year ... Continue ReadingLeave a Comment
CentralNic shuns dividend to look for more acquisitions
· Domain RegistrarsCompany sees acquisition opportunities in current economic environment. CentralNic (London AIM: CNIC) has decided to delay its first-ever dividend to hunt for more acquisition opportunities. The company announced the plan with the announcement of its ... Continue Reading1 Comment
