TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — GoDaddy Inc. (GDDY) on Thursday reported first-quarter earnings of $214.6 million.
On a per-share basis, the Tempe, Arizona-based company said it had net income of $1.60.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.53 per share.
The cloud-based technology products developer posted revenue of $1.27 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $1.26 billion.
For the current quarter ending in June, GoDaddy said it expects revenue in the range of $1.29 billion to $1.31 billion.
The company expects full-year revenue in the range of $5.2 billion to $5.28 billion.
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