AI English summary of an SEC filing — figures as filed
GoDaddy said its total revenue for Q3 2024 was $1,147.6 million, up 7.3% from $1,069.7 million a year earlier, and its net income was $190.5 million, a net income margin of 16.6%, over 3 months.
Key points
AI summaryGoDaddy said its total revenue for Q3 2024 was $1,147.6 million, up 7.3% from $1,069.7 million a year earlier, and its net income was $190.5 million, a net income margin of 16.6%, over 3 months.
The company said Applications and Commerce revenue for Q3 2024 was $423.1 million, up 16.5%, and Core Platform revenue was $724.5 million, up 2.6%. It said NEBITDA was $366.5 million, a margin of 31.9%.
GoDaddy reported net cash provided by operating activities of $355.2 million and free cash flow of $362.7 million for Q3 2024. It said it had repurchased 5.2 million shares for a total of $668.1 million from the start of the year through October 28, 2024.
The company said it raised its full-year 2024 revenue outlook to $4.545 billion to $4.565 billion and raised its full-year free cash flow target to at least $1.325 billion. It said it expects total revenue for Q4 to be between $1.165 billion and $1.185 billion.
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.
GoDaddy Reports Q3 2024 Revenue and Net Income
GoDaddy said its total revenue for Q3 2024 was $1,147.6 million, up 7.3% from $1,069.7 million a year earlier, and its net income was $190.5 million, a net income margin of 16.6%, over 3 months.
Source · Based on the filing body and exhibits
Segment Revenue and NEBITDA
The company said Applications and Commerce revenue for Q3 2024 was $423.1 million, up 16.5%, and Core Platform revenue was $724.5 million, up 2.6%. It said NEBITDA was $366.5 million, a margin of 31.9%.
Source · Based on the filing body and exhibits
Cash Flow and Share Repurchases
GoDaddy reported net cash provided by operating activities of $355.2 million and free cash flow of $362.7 million for Q3 2024. It said it had repurchased 5.2 million shares for a total of $668.1 million from the start of the year through October 28, 2024.
Source · Based on the filing body and exhibits
Company Business Outlook
The company said it raised its full-year 2024 revenue outlook to $4.545 billion to $4.565 billion and raised its full-year free cash flow target to at least $1.325 billion. It said it expects total revenue for Q4 to be between $1.165 billion and $1.185 billion.
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.
Loading the filing text…