GoDaddy’s first quarter revenue increased by 13.8% as the company continues to grow and scale its business.
The US-based domain registrar and web hosting company GoDaddy has released its earnings results for the first quarter revealing that it brought in $901.1m in revenue with a net income of $10.8m. So far the company is off to a great start in 2021 as it increased its first quarter revenue by 13.8% when compared to the same period last year in which it brought in $792m. However, GoDaddy’s total bookings for the quarter reached an all-time high of $1bn and were up by 13.8% year over year. GoDaddy CFO Ray Winborne provided further insight on crossing this threshold in a press release, saying: „We reported our first $1 billion bookings quarter on strong demand as we invest to grow and scale the business.
