secwatch.observer — SEC 8-K summary
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Issuer:     GoDaddy Inc. (GDDY)
CIK:        0001609711
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001609711-23-000127
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GoDaddy Q2 2023: Revenue up 3.2% to $1.048B; Apps & Commerce grows 11%; net income $83M
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- Net income of $83.1M (down 8% YoY); Normalized EBITDA $264.6M, up 2.4%.
- Apps & Commerce revenue $352M (+11% YoY); Core Platform flat at $696M.
- Repurchased $746M in shares through July, reducing fully diluted shares by 16%.
- Announced incremental $1B share buyback authorization through 2025.
- Refinanced $1.8B term loans, reducing interest margin by 0.75% saving $13M annual interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1609711/000160971123000127/0001609711-23-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1609711/000160971123000127/gddy-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001609711-23-000127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer