GoDaddy Sees Q3 Revenue $1.13B-$1.15B Vs $1.14B Est.; FY24 Revenue $4.525B-$4.565B Vs $4.53B Est.
Portfolio Pulse from Benzinga Newsdesk
GoDaddy has provided its financial outlook for Q3 and FY24, expecting Q3 revenue between $1.13B and $1.15B and FY24 revenue between $4.525B and $4.565B. The company also raised its free cash flow targets for FY24.
August 01, 2024 | 8:15 pm
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GoDaddy expects Q3 revenue between $1.13B and $1.15B, and FY24 revenue between $4.525B and $4.565B. The company also raised its free cash flow targets for FY24, indicating strong financial performance.
GoDaddy's raised revenue and free cash flow targets for FY24 indicate strong financial performance and positive growth outlook. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100