Web hosting company GoDaddy Inc reported first-quarter profit below Wall Street ...
- Web hosting company GoDaddy Inc reported first-quarter profit below Wall Street expectations on Thursday, weighed down by persistent rising costs and slower customer growth, sending its shares 6 percent lower in after-hours trading.
GoDaddy has been pressured by higher costs since it went public in 2015 as it expands its international customer base and spends on marketing and product development. Analysts on average had expected earnings of 10 cents per share, according to IBES data from Refinitiv.
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