GoDaddy Q1/2024 results: Beat expectations, aftermarket rose, dozens of layoffs

GoDaddy released its Q1/2024 financials earlier today, beating EPS estimates by $0.03: Actual EPS of $0.99 vs. estimated of $0.96. GoDaddy stock (GDDY) rose afterhours. Financial highlights: Total revenue: $1.1 billion, up 7% year-over-year on both reported and constant currency basis. Net income: $401.5 million, inclusive of non-routine items, up 747% year-over-year, with a 36% […]

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