
Domain registrar and web services company GoDaddy (NYSE: GDDY) will be reporting results this Thursday afternoon. Here’s what investors should know.
GoDaddy met analysts’ revenue expectations last quarter, reporting revenues of $1.30 billion, up 6.6% year on year. It was a slower quarter for the company, with full-year revenue guidance meeting analysts’ expectations and annual recurring revenue in line with analysts’ estimates.
Is GoDaddy a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, the market is expecting GoDaddy’s revenue to grow 4.9% year on year, slowing from the 10.3% increase it recorded in the same quarter last year.

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. GoDaddy has a history of exceeding Wall Street’s expectations.
With GoDaddy being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for sales and marketing software stocks. However, there has been positive investor sentiment in the segment, with share prices up 13.6% on average over the last month. GoDaddy is up 13.6% during the same time .
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