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2015-05-01

Web.com First Quarter 2015 Financial Results

Chart of Web.com Non-GAAP Quarterly Revenue
(Click on slides to enlarge)
Chart of Web.com ARPU Quarterly

Web.com Reports Q1 2015 Financial Results
  • First quarter revenue and profitability exceeded high end of guidance
  • Web.com's average revenue per user (ARPU) was down to $13.75 for the first quarter of 2015, compared to $14.07 for the fourth quarter of 2014.
  • Customer churn was approximately 1% for the first quarter of 2015, consistent with recent low levels.
  • 3.3 million subscribers with 19,000 net additions
  • Repurchased 904,000 shares for $15.8 million and reduced debt by $17.5 million
Web.com First Quarter 2015 Earnings Conference Call: Listen to webcast
Presentation (pdf) 818.7 KB

Web.com Group, Inc. is a provider of web services catering to small and medium-sized businesses. Web.com Group purchased domain name registrars Register.com (for $135 million in 2010) and Network Solutions (in 2011 for $405 million).

Its stock symbol is WWWW trading on the NASDAQ. Its total market capitalization is $977 million, and the stock price is down -40.8% from its high in the past 12 months, and down -3.7% in the current year to date (as of yesterday's close).