GoDaddy Shares Slip On First Results Since IPO

MarketWatch Pulse

GoDaddy Inc. shares slipped in the extended session after the domain name and web hosting company reported its first quarterly results as a public company. GoDaddy shares declined 1.1% to $26.48 on moderate volume at last check. The company reported an unadjusted loss of 34 cents a share on revenue of $376.3 million. Analysts surveyed by FactSet forecast an unadjusted loss of 35 cents a share on revenue of $373.4 million. GoDaddy expects second-quarter revenue of $390 million to $395 million, while analysts forecast $390.1 million.

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