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GoDaddy Forecasts Revenue Below Street Estimates
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GoDaddy on Tuesday forecast annual revenue of $5.20 billion to $5.28 billion, below analysts' average estimate of $5.29 billion, citing slower adoption of its AI tools and weaker customer acquisition. For the quarter ended Dec. 31 it reported revenue of $1.27 billion and earnings of $1.80 per share, and its shares fell more than 6% in extended trading.
Scoring Rationale
Solid official earnings and guidance reveal slower AI adoption, but limited novelty and sector-specific scope reduce impact.
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