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2018-05-08

GoDaddy $GDDY Q1 2018 Earnings LIVE Webcast May 8, 5pm EDT

$GDDY
GoDaddy Inc.
Domain: godaddy.com
Stock Exchange: Symbol  |  NYSE: GDDY   (see also on Twitter $GDDY)

GoDaddy Inc. First Quarter 2018 Earnings Conference Call and LIVE Webcast:

LIVE webcast at 5:00 p.m. EDT. To hear the call, dial (866) 393-4306 in the United States or (734) 385-2616 from international locations, with passcode 4736426. The live webcast of the call will also be available on GoDaddy's investor relations website at https://investors.godaddy.net. Following completion of the call, a recorded replay will be available on the investor relations website.

GoDaddy's (GDDY) CEO Scott Wagner on Q1 2018 Results - Earnings Call Transcript | SeekingAlpha.com

Release of financial results for the first quarter now at investors.godaddy.net, excerpts:

• Total revenue of $633.2 million, up 29.3% year over year. 
• Total bookings of $783.1 million, up 25.3% year over year. 
• Net cash provided by operating activities of $148.4 million, up 17.2% year over year. 
• Unlevered free cash flow of $162.4 million, up 42.3% year over year. 
• Customers of 17.7 million at March 31, 2018, up 17.4% year over year. 
• Average revenue per user (ARPU) of $138, up 5.8% year over year. 
• Domains revenue of $291.7 million, up 21.1% year over year
• Hosting and Presence revenue of $239.8 million, up 34.5% year over year. 
• Business Applications revenue of $101.7 million, up 44.1% year over year. 
• International revenue of $226.6 million, up 68.7% year over year.

Business Outlook "For the second quarter ending June 30, 2018, GoDaddy expects total revenue in the range of $640 to $645 million. For the full year 2018, GoDaddy raised its revenue expectations to a range of $2.620 to $2.640 billion, representing approximately 18% growth at the midpoint. The full year revenue outlook includes roughly $10 million per quarter in the back half of the year from the recently announced planned acquisition of Main Street Hub. For the full year 2018, GoDaddy is raising its unlevered free cash outlook to $615 to $625 million, representing approximately 25% growth at the midpoint versus the $496 million in unlevered free cash generated in 2017.GoDaddy expects full year cash interest payments of approximately $90 million to $95 million and cash tax-related payments of $25 million to $30 million."

About GoDaddy (source: GoDaddy.com):
GoDaddy powers the world's largest cloud platform dedicated to small, independent ventures. With over 17 million customers worldwide and over 75 million domain names under management [GoDaddy is the world's largest domain name registrar], GoDaddy is the place people come to name their idea, build a professional website, attract customers and manage their work. Our mission is to give our customers the tools, insights and the people to transform their ideas and personal initiative into success. To learn more about the company, visit www.GoDaddy.com.

GoDaddy's Ray Winborne, Chief Financial Officer, and Mike McLaughlin, Chief Customer Officer, will present at the 46th Annual J.P Morgan Technology, Media and Communicaitons Conference in Boston on Tuesday, May 15, 2018 at 3:00 p.m. EDT. A live audio webcast of the event will be available on GoDaddy's investor relations website at https://investors.godaddy.net. Following the presentation an audio replay will be available on the investor relations website.

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