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GoDaddy | 10-Q: Q2 2024 Earnings Report

GoDaddy | 10-Q: Q2 2024 Earnings Report

GoDaddy | 10-Q:2024财年二季报
美股SEC公告 ·  2024/08/03 04:08

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GoDaddy reported strong financial results for Q2 2024, with total revenue increasing 7.3% year-over-year to $1,124.5 million. Net income surged 76.1% to $146.3 million, while operating income rose 74.1% to $208.2 million. The Applications and Commerce segment saw 15.3% revenue growth, driven by productivity applications and commerce solutions.Total bookings grew 10.6% to $1,261.9 million, reflecting continued customer adoption of productivity solutions and strong performance in domains and aftermarket. The company's annualized recurring revenue reached $3,853.4 million, up from $3,619.6 million in Q2 2023. GoDaddy maintained a solid customer base of 20.9 million at quarter-end.Looking ahead, GoDaddy expects technology and development expenses to decrease as a percentage of revenue following investments in product development and infrastructure migration. The company also refinanced its term loans, reducing interest expenses. Management remains focused on driving growth through pricing initiatives, bundling strategies, and expanding commerce solutions.
GoDaddy reported strong financial results for Q2 2024, with total revenue increasing 7.3% year-over-year to $1,124.5 million. Net income surged 76.1% to $146.3 million, while operating income rose 74.1% to $208.2 million. The Applications and Commerce segment saw 15.3% revenue growth, driven by productivity applications and commerce solutions.Total bookings grew 10.6% to $1,261.9 million, reflecting continued customer adoption of productivity solutions and strong performance in domains and aftermarket. The company's annualized recurring revenue reached $3,853.4 million, up from $3,619.6 million in Q2 2023. GoDaddy maintained a solid customer base of 20.9 million at quarter-end.Looking ahead, GoDaddy expects technology and development expenses to decrease as a percentage of revenue following investments in product development and infrastructure migration. The company also refinanced its term loans, reducing interest expenses. Management remains focused on driving growth through pricing initiatives, bundling strategies, and expanding commerce solutions.
GoDaddy报告了2024年第二季度强劲的财务业绩,总营业收入同比增长7.3%,达到112450万美元。净利润猛增76.1%,达到14630万美元,而营业收入增长74.1%,达到20820万美元。应用和商务部门的营业收入增长了15.3%,这是由于生产力应用和商务解决方案的推动。总预订量增长了10.6%,达到126190万美元,反映出客户对生产力解决方案的持续采纳及域名和二级市场的强劲表现。该公司的年化经常性收入达到385340万美元,高于2023年第二季度的361960万美元。GoDaddy在季度末维持了2090万的稳定客户基础。展望未来,GoDaddy预计随着产品开发和制造行业迁移的投资,科技和开发费用在营业收入中所占比例将减少。公司还重组了其定期贷款,降低了利息支出。管理层仍然专注于通过定价策略、捆绑策略和扩展商务解决方案来推动增长。
GoDaddy报告了2024年第二季度强劲的财务业绩,总营业收入同比增长7.3%,达到112450万美元。净利润猛增76.1%,达到14630万美元,而营业收入增长74.1%,达到20820万美元。应用和商务部门的营业收入增长了15.3%,这是由于生产力应用和商务解决方案的推动。总预订量增长了10.6%,达到126190万美元,反映出客户对生产力解决方案的持续采纳及域名和二级市场的强劲表现。该公司的年化经常性收入达到385340万美元,高于2023年第二季度的361960万美元。GoDaddy在季度末维持了2090万的稳定客户基础。展望未来,GoDaddy预计随着产品开发和制造行业迁移的投资,科技和开发费用在营业收入中所占比例将减少。公司还重组了其定期贷款,降低了利息支出。管理层仍然专注于通过定价策略、捆绑策略和扩展商务解决方案来推动增长。
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