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Fly News Breaks for February 13, 2019
VRSN, GDDY
Feb 13, 2019 | 12:40 EDT
Piper Jaffray analyst Michael Olson maintained an Overweight rating and $91 price target on GoDaddy (GDDY), but lowered this Q4 booking estimates for the company based on Verisign's (VRSN) earnings report, which showed a slight top-line miss and lower sequential net adds, leading the analyst to believe there is minimal room for quarter-over-quarter bookings growth for GoDaddy in Q4. Olson lowered his Q4 bookings est to $740M from $744M, and his revenue estimtae to $692M from $695M, but left his EPS estimate of 19c unchanged. Olson believes, however, that "continued efforts on GoDaddy's website builder and eCommerce initiatives are closing the gap with builder rivals, such as Wix."
News For GDDY;VRSN From the Last 2 Days
GDDY
Apr 17, 2024 | 09:11 EDT
GoDaddy (GDDY) announced it will join the new Upwork Partners (UPWK) program as the first web presence partner. The Upwork Partners program includes Upwork Partner Experts, through which partners can provide their customers direct access to a curated set of trusted expert independent professionals deeply experienced in working with the partner's technologies. The GoDaddy Experts page on Upwork spotlights available GoDaddy WordPress and web development experts within the global network of independent talent available on Upwork.