earnings
confidence high
sentiment positive
materiality 0.80
GoDaddy Q2 revenue up 9% to $1.015B; net income +93%; full-year revenue guidance lowered on FX
GoDaddy Inc.
- Q2 revenue $1,015.5M (+9% YoY); net income $90.5M (+93% YoY); normalized EBITDA $258.4M (+30% YoY).
- Year-to-date $1B share buyback (12.8M shares at $78.22 avg), reducing diluted shares ~8%.
- Q3 guidance: revenue $1.03B-$1.045B (+8% YoY); normalized EBITDA $250M-$260M (+12% YoY).
- Full-year 2022 revenue guidance revised to $4.10B-$4.13B due to ~$35M FX headwind.
- Applications & commerce ARR $1.2B (+12% YoY); GMV $28B (+12% YoY); FY2022 unlevered FCF ~$1.1B.