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3 Key Ideas Behind GoDaddy's Business Model

TheMotleyFool

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3 Key Ideas Behind GoDaddy's Business ModelPhoto, wide shot, wide-angle lens, Artificial intelligence developer, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/ee32e77c-b7d6-424b-91ea-4023f2292688.png

GoDaddy (NYSE: GDDY), a leading domain name registrar and rising provider of cloud-based tools for small to medium businesses, reported third-quarter results after the closing bell on Wednesday. The analyst consensus was calling for earnings near $0.21 per share on revenues in the neighborhood of $761 million. GoDaddy crushed the earnings target while falling just short of sales estimates. Investors embraced that mixed report, driving share prices 10% higher in the after-hours trading session.

Metric

Q3 2019

Source Fool.com

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