GoDaddy Beats Q1 EPS Forecast as AI Traction Lifts Shares After-Hours
Early traction for Airo hints at a new growth engine for GoDaddy.
Overview
- GoDaddy reported first-quarter results after the bell on April 30, and shares rose more than 4% in extended trading.
- Adjusted earnings were $1.60 per share versus $1.52 expected, on revenue of $1.27 billion that matched forecasts.
- Free cash flow hit $473.6 million in Q1, and the company reaffirmed an about $1.8 billion full-year goal, alongside $279.7 million in share repurchases.
- Management guided revenue to $1.285 billion to $1.305 billion for Q2 and projected $5.195 billion to $5.275 billion for 2026.
- Airo AI, which helps small businesses create logos and run marketing, reached a multi-million annualized bookings run rate within weeks of its beta.