Welcome to our dedicated page for Godaddy news (Ticker: GDDY), a resource for investors and traders seeking the latest updates and insights on Godaddy stock.
GoDaddy Inc. (NYSE: GDDY) is a technology company that helps millions of entrepreneurs globally start, grow, and scale their businesses by naming ideas, building websites and logos, selling products and services, and accepting payments. The GoDaddy news stream highlights how the company develops tools and services for small businesses, with a particular focus on AI-powered capabilities and digital presence.
Recent news emphasizes GoDaddy’s agentic AI initiatives, including the launch of Airo.ai, a Beta agentic artificial intelligence website and experience that turns a simple conversation into completed tasks for small businesses. Coverage describes how Airo.ai uses GoDaddy’s proprietary data and an extensible agent framework to plan and act across GoDaddy products, from proposing a business idea and registering a domain to building and publishing a website, generating a logo, drafting policy templates, and spinning up hosted apps.
News articles also detail GoDaddy’s Agent Name Service (ANS)ANS Marketplace, which showcase ANS-verified AI agents and provide tools for trusted agent identity. Announcements describe the ANS API, ANS Standards site, and ANS-verified badges, as well as example agents such as Brand Advisor, Home Page Advisor, and WooCommerce-derived agents that support shopping journeys.
Investors and followers of GDDY news will also see updates on GoDaddy’s financial reporting, including earnings releases and related 8-K filings, and its participation in technology and investor conferences hosted by organizations such as Barclays and RBC Capital Markets. Additional stories highlight partnerships, marketing campaigns, and survey-based insights, such as the HarrisX poll on economic uncertainty and self-reliance, and collaborations that showcase how GoDaddy Airo helps authors and entrepreneurs build their online presence.
This news page allows readers to follow how GoDaddy evolves its AI offerings, domain and website tools, and small business support, along with its financial and corporate communications.
GoDaddy Inc. (NYSE: GDDY) announced its intention to offer $800 million in senior notes through an institutional offering. The Notes will be senior unsecured obligations guaranteed by existing credit facility entities. Proceeds will be used for general corporate purposes, including working capital and potential acquisitions. This offering does not constitute a sale or solicitation in jurisdictions where it would be unlawful, as the Notes are not registered under the Securities Act.
GoDaddy (NYSE: GDDY) announced on February 11, 2021, the upcoming retirements of Nima Kelly, Chief Legal Officer, and Ray Winborne, Chief Financial Officer. Both will remain in their roles until successors are appointed to ensure a smooth transition. Nima Kelly has been instrumental in GoDaddy's legal team since 2002, guiding the company through its IPO and major acquisitions, including the $1.85 billion purchase of HEG. Ray Winborne, who became CFO in 2016, contributed to nearly doubling the company's revenue and creating significant shareholder value through various capital deployments.
GoDaddy reported strong financial results for Q4 2020, achieving revenue of $873.9 million, up 12% year-over-year. Full-year revenue reached $3.32 billion, reflecting an 11% increase. The company also recorded a net cash flow from operating activities of $165.9 million and unlevered free cash flow of $181.1 million for the quarter. GoDaddy's customer base grew to 20.6 million, a 7.1% increase. The firm anticipates a revenue increase to approximately $3.70 billion in 2021, alongside a significant growth in unlevered free cash flow. Key investments and acquisitions are also highlighted.
GoDaddy Inc. (NYSE: GDDY) has successfully acquired Poynt, aiming to enhance its commerce services for small businesses. This acquisition enables GoDaddy to provide integrated solutions for both online and offline sales. CEO Aman Bhutani emphasized the importance of this move in delivering intuitive commerce experiences, including payments and point-of-sale services, benefiting their 20 million global customers. Osama Bedier, Poynt's CEO, will lead GoDaddy's new Commerce Division, further strengthening GoDaddy's market position.
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GoDaddy Inc. (NYSE: GDDY) will release its financial results for the fourth quarter and fiscal year 2020 on February 11, 2021, after market close. Following the release, management will host a conference call at 5:00 p.m. ET to discuss the results, accessible through registration here. A recording will be available post-call on the investor relations website.
GoDaddy (NYSE: GDDY) has announced a definitive agreement to acquire Poynt for $320 million in cash at closing, plus $45 million in deferred payments tied to performance. The transaction aims to enhance GoDaddy's commerce services by integrating Poynt's advanced point-of-sale technology, addressing the growing need for small businesses to merge online and offline sales channels. Poynt currently supports over 100,000 merchants with more than $16 billion in annual Gross Merchandise Volume. The acquisition is expected to finalize in Q1 2021, pending regulatory approvals.
GoDaddy (NYSE: GDDY) has launched GoDaddy Corporate Domains, a comprehensive domain management solution tailored for large companies. This initiative follows the acquisition of Brandsight in February 2020. Corporate domain portfolios often consist of many domains, complicating management and oversight. GoDaddy Corporate Domains aims to streamline this process, providing clients with valuable data insights, cost containment strategies, and advanced security solutions. Additionally, GoDaddy introduced the Verified Intellectual Property (VIP) program to assist well-known brands in addressing IP abuse.
GoDaddy Inc. (NYSE: GDDY) reported Q3 2020 results with revenue of $844.4 million, up 11.0% year-over-year, and net income of $65.1 million. The company achieved a record of over 1 million net new customers this year, marking the largest increase in its history. Unlevered free cash flow rose 17.0% to $223.9 million. Despite a 1.4% decline in cash from operations, GoDaddy expects to generate approximately $865 million in revenue for Q4, representing 11% growth. The company also announced the departure of COO Andrew Low Ah Kee.
GoDaddy Inc. (NYSE: GDDY) is set to release its third-quarter financial results on November 4, 2020, after market close. The company will conduct a conference call at 5:00 p.m. Eastern Time to discuss these results. Interested participants can register for the call through a provided link and access a live webcast on GoDaddy's investor relations website. With a global customer base of 20 million, GoDaddy aims to empower entrepreneurs with tools for online success.
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