GoDaddy Reports Quarterly Revenue Growth and Announces $3 Billion Share Buyback

Reported about 14 hours ago

GoDaddy reported a nearly 8% rise in first-quarter revenue, driven by the integration of AI features into its internet hosting services. The company also announced a $3 billion share repurchase program set to continue through 2027. GoDaddy's expanded offerings, including AI tools and new partner programs, position it as a comprehensive service provider for small businesses. For the quarter ending March 31, GoDaddy's revenue hit $1.19 billion, aligning with analysts' expectations, and it anticipates second-quarter revenues between $1.20 billion and $1.22 billion.

Source: YAHOO

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