Reported 2 months ago
GoDaddy has raised its revenue forecast for fiscal 2024, anticipating strong demand for its services as more businesses establish an online presence. The company now expects revenues between $4.53 billion and $4.57 billion, an increase from its previous estimate. GoDaddy's shares surged about 8% following this announcement, reflecting confidence in its position as a key service provider for small to medium businesses, particularly with the launch of its AI-driven tool, GoDaddy Airo.
Source: YAHOO