GoDaddy revenue rises 16.5 percent

Reuters News
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Posted: Aug 05, 2015 4:25 PM

(Reuters) - Web-hosting company GoDaddy Inc <GDDY.N> reported a 16.5 percent jump in quarterly revenue as it earned more per user and its customer base expanded.

The net loss attributable to the company narrowed to $29.8 million in the quarter ended June 30 from $37.6 million a year earlier.

On a per Class A share basis, loss widened to 46 cents per share from 29 cents per share due to an increase in outstanding shares.

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Revenue rose to $394.5 million from $338.5 million.

(Reporting by Devika Krishna Kumar in Bengaluru; Editing by Sriraj Kalluvila)