GoDaddy Shares Rally After Earnings, Revenue Beat

By MarketWatch Pulse

GoDaddy Inc. shares surged in the extended session Wednesday after the domain name and Internet hosting company topped Wall Street estimates for the quarter. GoDaddy shares rallied 9.4% to $30. The company reported adjusted third-quarter earnings of 57 cents a share on revenue of $411.1 million. Analysts surveyed by FactSet had forecast earnings of 25 cents a share on revenue of $408.4 million. GoDaddy said it expects full-year revenue of $1.6 billion to $1.61 billion, while analysts expect $1.6 billion.

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