GoDaddy Reports First Quarter 2019 Earnings Results

GoDaddy Inc. (NYSE: GDDY), the company that empowers everyday entrepreneurs, today reported financial results for the first quarter ended March 31, 2019.

"We continue to deliver an expanding set of resources to help entrepreneurs around the world look good, be everywhere, and engage with their audience," said GoDaddy CEO Scott Wagner. "This has supported not only our consistent execution, but also our vision as we continually evolve with our customers' expanding needs."

Consolidated First Quarter Financial Highlights(1)
	Three Months Ended March 31,
	2019				2018				Change
	(in millions, except customers in thousands and ARPU)
GAAP Results
Revenue	$	710.0			$	633.2			12.1	%
Net cash provided by operating activities	$	199.7			$	148.4			34.6	%
Non-GAAP Results
Unlevered free cash flow	$	198.8			$	162.4			22.4	%
Operating Metrics
Total bookings	$	870.5			$	783.1			11.2	%
Total customers at period end	18,841				17,705				6.4	%
ARPU(2)	$	150			$	138			8.5	%

• 
  
• 
  
• Total revenue of $710.0 million, up 12.1% year over year, or approximately 13.6% on a constant currency basis.
• Total bookings of $870.5 million, up 11.2% year over year, or approximately 13.5% on a constant currency basis.
• Net cash provided by operating activities of $199.7 million, up 34.6% year over year.
• Unlevered free cash flow of $198.8 million, up 22.4% year over year.
• Customers of 18.8 million, up 6.4% year over year.
• Average revenue per user (ARPU) of $150, up 8.5% year over year.
• Domains revenue of $319.6 million, up 9.6% year over year.
• Hosting and Presence revenue of $268.9 million, up 12.1% year over year.
• Business Applications revenue of $121.5 million, up 19.5% year over year.
• International revenue of $245.1 million, up 8.2% year over year, or approximately 12.2% on a constant currency basis.

Read full story here >>