AI English summary of an SEC filing — figures as filed
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%).
Key points
AI summaryThe 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%).
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.
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.
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-writtenAnalysis 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.
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