-=GoDaddy (GDDY) reported earnings on Wed 6 Nov 19 (a/h)

GoDaddy beats by $0.21, reports revs in-line; guides FY19 revs in-line; announces buyback

• Reports Q3 (Sep) earnings of $0.42 per share, $0.21 better than the S&P Capital IQ Consensus of $0.21; revenues rose 11.9% year/year to $760.5 mln vs the $761.04 mln S&P Capital IQ Consensus.
  • Bookings grew 14.7% yr/yr; customers increased 4.6% yr/yr
• Co issues in-line guidance for FY19, sees FY19 revs of $2.98 bln to $2.99 bln from $2.79 bln to $3.00 bln vs. $2.99 bln S&P Capital IQ Consensus.

Co's Board of Directors approved a new $500 mln buyback, increasing the total current capacity to $514 mln