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GoDaddy Narrows Annual Revenue Outlook Range

Reuters ·

GDDY
GDDY Godaddy Inc
$99.33 -5.49%
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  1. 1GoDaddy (GDDY) narrowed its annual revenue outlook range on Thursday, with second-quarter results largely in line with estimates.
  2. 2Annual revenue was guided to $5.215 billion–$5.255 billion, and second-quarter revenue came in at $1.298 billion (estimate: $1.295 billion).
  3. 3The backdrop includes a slowdown in AI tool adoption and weaker customer acquisition, with third-quarter revenue expected at $1.32 billion–$1.34 billion, in line with estimates.

This 3-line summary is compiled from the report below.

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