GoDaddy Sees Q3 Revenue $1.055B-$1.075B vs $1.09B Est.
Portfolio Pulse from Benzinga Newsdesk
GoDaddy has projected its Q3 revenue to be between $1.055B and $1.075B, which is lower than the estimated $1.09B.
August 04, 2023 | 2:32 pm
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NEGATIVE IMPACT
GoDaddy's lower than expected Q3 revenue forecast may negatively impact its stock price.
GoDaddy's projected Q3 revenue is lower than the estimated $1.09B. This shortfall in revenue expectation could lead to a negative sentiment among investors, potentially causing a drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100