Web-hosting company GoDaddy's revenue rises 15.3 percent

Image
Reuters
Last Updated : May 05 2016 | 2:57 AM IST

(Reuters) - Web-hosting company GoDaddy Inc reported a 15.3 percent rise in quarterly revenue as it earned more per user and it attracted more customers.

The company's net loss narrowed to $18.3 million, or 15 cents per share, in the first quarter ended March 31, from $43.4 million, or 34 cents per share, a year earlier.

Revenue rose to $433.7 million from $376.3 million.

(Reporting by Alan John Koshy in Bengaluru; Editing by Sriraj Kalluvila)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 05 2016 | 2:43 AM IST

Next Story