GoDaddy CEO Talks Earnings on CNBC | DomainInvesting.com
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GoDaddy CEO Talks Earnings on CNBC

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GoDaddy reported its quarterly earnings yesterday, and GDDY stock is currently trading up a little over 2% at $27.32/share (at the time of publication). GoDaddy stock debuted on the New York Stock Exchange on April 15, 2015, and the stock is currently up from its opening $26.15/share trade.

GoDaddy CEO Blake Irving made an appearance on CNBC this morning to discuss several things related to GoDaddy’s business. Some of the topics that were broached were the quarterly earnings, the company ending its NASCAR car sponsorship, customer growth, and the Chinese market.

The video of Blake’s interview is embedded below. I think appearances like this continue to benefit the domain industry since GoDaddy is such a big name in the business.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (8)

    SOfreedomains

    You are right Elliot. Such an appearance is a plus for the domain name industry and you can’t take it away from GoDaddy as an authority in the industry.

    May 14th, 2015 at 11:01 am

    Justin Williams

    Their buying the Marchex portfolio for $28 Million….which Marchex paid $164 Million back in 2005….

    That shows the reality of the industry’s valuation.

    Rose colored glasses only work for so long

    May 14th, 2015 at 11:17 am

      Elliot Silver

      “Marchex said that its domain assets have generated more than $290 million in revenue over the past 15 years”

      That means they doubled their money already before the sale, probably not including renewal costs.

      Source: http://www.geekwire.com/2015/marchex-sells-200k-domains-to-godaddy-shifts-focus-to-mobile-advertising/

      May 14th, 2015 at 11:20 am

      Justin Williams

      Well they only bought the portfolio in 2005

      15 years??? That right there is an erroneous statement

      It’s not 2020 yet

      Check the performance of their stock….and see how it is valued

      In reply to Elliot Silver | May 14th, 2015 at 11:50 am

      Elliot Silver

      I don’t think Marchex ever looked at themselves as a domain name company.

      In any case, I have no skin in the game and it is not of any consequence to me. I do want to buy some of the domain names in that Marchex portfolio though.

      In reply to Justin Williams | May 14th, 2015 at 11:52 am

      Justin Williams

      I have no skin in the game either….

      However should you choose to purchase a few of those domains

      Step right up….the line will be short

      I assure you

      In reply to Elliot Silver | May 14th, 2015 at 12:04 pm

      Elliot Silver

      “the line will be short”

      I know several people trying to buy names from the list right now.

      May 14th, 2015 at 12:33 pm

    Brad

    This headline is a bit misleading, there are not many earnings to talk about over at Godaddy over the last 6 years :)

    May 14th, 2015 at 11:36 am

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