The company reported revenue of $387 million for Q2 2024, up 4.1% from a year earlier, with operating income of $266 million, net income of $199 million and diluted earnings per share of $2.01.

1. 01

   The company reported revenue of $387 million for Q2 2024, up 4.1% from a year earlier, with operating income of $266 million, net income of $199 million and diluted earnings per share of $2.01.

2. 02

   The company said it repurchased 2.2 million shares for an aggregate cost of $388 million in Q2 2024. It also said its board approved an additional authorization of about $1.11 billion effective July 25, bringing the total authorization under the program to $1.5 billion.

3. 03

   The company said operating cash flow was $160 million for Q2 2024 ($145 million a year earlier). It also said cash, cash equivalents and marketable securities stood at $690 million as of June 30, down $236 million from the end of 2023.

4. 04

   The company said its .com and .net domain name registrations totaled 170.6 million at the end of Q2 2024, down 2.2% from the end of the same quarter a year earlier. It said its final .com and .net renewal rate for Q1 2024 was 74.1% (75.5% a year earlier).

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.

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.