On 13 March 2020, GoDaddy Inc. (NYSE: GDDY) stock observed trading -33.23% off 52-week high price. On the other end, the stock has been noted 7.37% away from low price over the last 52-weeks. The stock disclosed a move of -21.34% away from 50 day moving average and -19.45% away from 200 day moving average. Moving closer, we can see that shares have been trading -20.74% off 20-day moving average.
GoDaddy Inc. ( GDDY), the company that empowers everyday entrepreneurs, recently stated financial results for the fourth quarter and year ended December 31, 2019.
“GoDaddy continues to execute against its strategy – empowering everyday entrepreneurs through sage guidance, seamlessly intuitive experiences, and activating our community,” stated GoDaddy CEO Aman Bhutani. “We are well positioned to deliver strong results for our consumers, communities, and shareholders in 2020.”
“We are happy that we were able to land 2019 financial performance right where we stated we would. As we look to 2020, we have provided guidance that reflects the ongoing strength of our business,” stated GoDaddy CFO Ray Winborne.
Total revenue of $780.4M, up 12.2% year over year, or 13.0% on a constant currency basis.
Total bookings of $833.6M, up 13.8% year over year, or 14.1% on a constant currency basis.
Net cash provided by operating activities of $162.2M, up 26.2% year over year.
Unlevered free cash flow of $177.7M, up 40.1% year over year.
Consumers of 19.3M at December 31, 2019, up 4.1% year over year.
Average revenue per user (ARPU) of $158, up 6.6% year over year.
Domains revenue of $352.3M, up 12.1% year over year.
Hosting and Presence revenue of $292.8M, up 8.4% year over year.
Business Applications revenue of $135.3M, up 21.3% year over year.
International revenue of $261.4M, up 8.8% year over year, or 11.2% on a constant currency basis.
The USA based company GoDaddy Inc. moved with change of 6.10% to $54.95 with the total traded volume of 2135621 shares in recent session versus to an average volume of 1472.44K. GDDY’s shares are at -16.93% for the quarter and driving a -26.90% return over the course of the past year and is now at -19.10% since this point in 2018.
James Emmons – Technology and Energy
I am James Emmons I have completed my bachelor’s degree in Information Technology and a master’s degree in Business. I love to write about technology. I had three years of writing experience which include articles, web content, and blogs. I always love to play with work, in both my career and education. I also had teaching experience of 5 years at the renowned university to teach business and technical writing and currently working as an instructor and training writer and designer. I am incredibly social, and I love to travel and explore the world.