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AI English summary of an SEC filing — figures as filed

GoDaddy logoGoDaddy GDDY

The company said total revenue for Q2 2024 (3 months) was $1,124.5 million, up 7.3% from $1,048.1 million a year earlier, and net income was $146.3 million (net income margin of 13.0%).

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said total revenue for Q2 2024 (3 months) was $1,124.5 million, up 7.3% from $1,048.1 million a year earlier, and net income was $146.3 million (net income margin of 13.0%).

  2. GoDaddy said Applications and Commerce revenue for Q2 rose 15.3% to $405.6 million, and Core Platform revenue rose 3.2% to $718.9 million.

  3. The company reported NEBITDA of $331.7 million for Q2 (margin of 29.5%), net cash provided by operating activities of $294.8 million, and free cash flow of $323.4 million.

  4. GoDaddy said it raised its full-year revenue outlook to $4.525 billion to $4.565 billion and its free cash flow target to at least $1.3 billion. It also said it repurchased 4.1 million shares for $520.8 million from the start of the year through July 30, 2024.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q2 2024 Revenue and Net Income Results

The company said total revenue for Q2 2024 (3 months) was $1,124.5 million, up 7.3% from $1,048.1 million a year earlier, and net income was $146.3 million (net income margin of 13.0%).

Source · Based on the filing body and exhibits

Applications and Commerce and Core Platform Revenue

GoDaddy said Applications and Commerce revenue for Q2 rose 15.3% to $405.6 million, and Core Platform revenue rose 3.2% to $718.9 million.

Source · Based on the filing body and exhibits

Q2 NEBITDA and Free Cash Flow

The company reported NEBITDA of $331.7 million for Q2 (margin of 29.5%), net cash provided by operating activities of $294.8 million, and free cash flow of $323.4 million.

Source · Based on the filing body and exhibits

Full-Year Outlook Raised and Share Repurchases

GoDaddy said it raised its full-year revenue outlook to $4.525 billion to $4.565 billion and its free cash flow target to at least $1.3 billion. It also said it repurchased 4.1 million shares for $520.8 million from the start of the year through July 30, 2024.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.