GoDaddy Reports Continued Strong Revenue Growth In 2nd Quarter 2017

GoDaddy, one of the world’s largest cloud platforms dedicated to small, independent ventures, has successfully delivered another quarter with significant revenue growth. GoDaddy reported $557.8 million in total revenue in Q2 2017, up 22.3% year over year.

“GoDaddy successfully delivered another solid quarter with continued organic customer, revenue and cash flow growth,” said Blake Irving, CEO of GoDaddy. “We are making great progress on our 2017 product and strategic initiatives including growing the adoption of our new mobile-optimized website builder GoCentral, new security offerings and integration of HEG. We remain focused on leveraging our brand and scale to extend our global competitive advantages.”

Business Highlights in Q2godaddy web hosting

GoDaddy completed the acquisition of Host Europe Group (HEG) in April 2017, “establishing a market leading position in Europe for small business cloud services.” GoDaddy signed a definitive agreement for the sale of the PlusServer business, part of HEG, for an enterprise value of €397 million ($456 million).

GoDaddy’s new mobile-optimized website builder, GoDaddy GoCentral, would be showing positive traction in new bookings growth – free to paid conversion, and increase in average order size with hundreds of thousands of sites currently published. The company intends to release additional new GoCentral verticals, markets and features throughout 2017.

The cloud company launched GoDaddy Website Security, a website protection service to keep customers’ sites clean and free of malware – following the April 2017 Sucuri acquisition.

GoDaddy launched WP Premium Support to provide access to WordPress expertise and help small businesses fix, update and optimize their WordPress sites more quickly and conveniently.

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