GoDaddy Q1 revenue $1.1B (+7%), NEBITDA $313M (+25%), FCF $327M - all beat guidance

GoDaddy Inc.

Revenue $1,108.5M (+7% YoY); A&C revenue $383.1M (+13%); Core $725.4M (+4%).
Net income $401.5M (incl. $267.4M non-cash tax benefit); NEBITDA $313.0M (+25%, margin 28.2% vs. 27% guidance).
Free cash flow $327.4M (+26% YoY); operating cash flow $297.2M (+10%).
Total bookings $1,312.7M (+9%); ARR $3,772.6M (+6.5%); ARPU $206 (+4.6%); customers ~21.0M flat.
GoDaddy Airo experience rollout began to existing 21M customer base in March 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.85

GoDaddy Inc. reported the first quarter that ended March 31, 2024 results: revenue $1.1 billion, net income $401.5 million.

Period: the first quarter that ended March 31, 2024
Revenue: $1.1 billion
Net income: $401.5 million
Result: reported results

Exact text from the filing

experiences empowers our ability to drive attach, conversion and retention, laying a solid foundation for enduring shareholder value." Business Highlights • Total revenue of $1.1 billion, up 7% year-over-year on a reported and constant currency basis. • Applications and Commerce (A&C) revenue grew 13%, year-over-year, to $383.1 million. Annualized recurring

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Source: SEC EDGAR

accession 0001609711-24-000070

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