GoDaddy reported its Q1 2017 quarterly earnings yesterday. This morning, company CEO Blake Irving was interviewed by Maria Bartiromo on Fox Business. In the interview, Blake discussed the company’s most recent quarter, the company’s growth, and he also shared some information about the company’s main customers.
As of the time of publication, the company’s stock (GDDY) is trading at $38.72/share, which is down about 1.6% on the day. In the past year, the stock is trading higher by nearly 30%. The stock is just off of its all-time high.
For your convenience, I embedded the video of the interview:
This company has been around forever and is beyond mature, yet they still are barely squeaking out a profit.
How about Amazon’s profit?
Amazon just turned a profit for the eighth straight quarter – A fast-growing and profitable Amazon is a scary Amazon. APR 27, 2017, 5:24PM EDT
https://www.recode.net/2017/4/27/15451726/amazon-q1-2017-earnings-profits-net-income-cash-flow-chart
Godaddy isn’t even in the same league as Amazon, profit or no profit.
True ‘dat.