Stock gets a lift after index announces its inclusion. The S&P Dow Jones Indices announced Friday afternoon that domain name company GoDaddy (NYSE: GDDY) will join the S&P 500 index. Shares in GoDaddy (NYSE: GDDY) jumped in after-hours ... Continue Reading1 Comment
Developers frustrated by recent GoDaddy API restrictions
· Domain RegistrarsDevelopers gripe after GoDaddy cuts off API access; one says a customer's app went down as a result. GoDaddy is taking heat from some customers after cutting access to its APIs. On Reddit, one customer wrote: If you use godaddy as a domain ... Continue Reading7 Comments
Moniker relaunches platform to focus on domain name investors
· Domain RegistrarsDomain registrar goes all in on domain name investors with revamped platform. About a decade after it lost much of its domain investor customer base in a disastrous platform switch, domain registrar Moniker is going all in on domain name investors ... Continue Reading6 Comments
Paul Nicks moves to new role at GoDaddy
· Domain RegistrarsNew role will be exclusively focused on domain name investors. Paul Nicks has moved to a new role at GoDaddy as the company shifts some management aspects of its domain name business. Nicks previously served as President, Domain Registrars and ... Continue Reading19 Comments
Private equity company to acquire Squarespace
· Domain RegistrarsDeal values one of the largest domain name registrars at $6.9 billion. One of the world's largest domain name registrars is about to go private. Squarespace, Inc. (NYSE: SQSP) announced that it's being acquired by Permira in an all-cash ... Continue Reading1 Comment
Team Internet: Profitability up as growth stagnates
· Domain RegistrarsOnly 1% year-over-year growth in Q1, but profitability up sharply. Team Internet Group (AIM: TIG, OTCQX: TIGXF, formerly called CentralNic) revealed its Q1 earnings today. The high-growth revenue of past years has now dwindled, but profitability ... Continue ReadingLeave a Comment
Tucows stock slips after earnings report
· Domain RegistrarsDomain business holds steady, but long-term investments in fiber weigh on the bottom line. Shares in Tucows (NASDAQ: TCX) fell sharply this morning after the company released earnings after the bell yesterday. As of 11:45 am EDT, shares are off ... Continue ReadingLeave a Comment
Squarespace tops guidance with strong Q1
· Domain RegistrarsWebsite and domain company reports robust growth and ups guidance for the full year. Squarespace (NYSE: SQSP) reported Q1 earnings before the markets opened this morning. The company reported 19% year-over-year revenue growth with $281.1 million ... Continue ReadingLeave a Comment
Squarespace reverses trend, and a year-over-year look at .com by registrar
· Domain RegistrarsSquarespace stops the bleeding, GoDaddy down year over year. Squarespace has been registering fewer .com domains each month since taking over Google Domains, but Verisign's latest data show the trend reversed itself to start this year. Here's the ... Continue Reading4 Comments
Aftermarket jumps 12% at GoDaddy, company reports 180 layoffs
· Domain RegistrarsAverage sale price in aftermarket increased during the quarter. GoDaddy (NYSE: GDDY) reported Q1 earnings this afternoon, including a surprise jump in domain name aftermarket revenue. Overall, GoDaddy's revenue increased 7% year over year to ... Continue ReadingLeave a Comment