GoDaddy (GDDY) Tops Q1 EPS by 7c

GoDaddy (NYSE: GDDY) reported Q1 EPS of $0.24, $0.07 better than the analyst estimate of $0.17. Revenue for the quarter came in at $792 million versus the consensus estimate of $789.86 million.

GoDaddy delivered strong results in the first quarter," said GoDaddy CEO Aman Bhutani. "In this time of uncertainty for small businesses, we are laser-focused on innovating for our customers, as their digital presence is now more important than ever. We believe our focus on customer value remains the best way to create value for our shareholders as well."

"First quarter results were strong despite the challenging macro environment," said GoDaddy CFO Ray Winborne. "The durability of our business model and strength of our balance sheet position us well in times of uncertainty, allowing us to focus on helping customers navigate the complexity of the current reality."

GUIDANCE:

GoDaddy sees Q2 2020 revenue of $790 million, versus the consensus of $790.4 million.

For earnings history and earnings-related data on GoDaddy (GDDY) click here.

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