GoDaddy Sees Q1 2024 Revenue $1.085B-$1.105B Vs $1.105B Est.
Portfolio Pulse from Benzinga Newsdesk
GoDaddy projects its Q1 2024 revenue to be between $1.085 billion and $1.105 billion, which is slightly below the estimated $1.105 billion.
February 13, 2024 | 9:13 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
GoDaddy's Q1 2024 revenue projection falls slightly short of the $1.105 billion estimate, indicating a potential cautious outlook.
The slight miss in revenue projections compared to the estimate may indicate a cautious outlook from GoDaddy, potentially leading to short-term negative sentiment among investors. This could result in a downward pressure on GDDY's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100