GoDaddy falls after co narrows annual revenue forecast range

GoDaddy

30/07/2026 23:18

** Shares of internet services provider GoDaddy GDDY.N down ~9% at $90.76 aftermarket trading 
** Co narrowly cuts its annual revenue forecast amid slower adoption of AI tools and weaker customer acquisition
** Sees annual revenue between $5.22 billion and $5.26 billion, compared with its previous projection of $5.2 billion and $5.28 billion
** Expects Q3 revenue between $1.32 billion and $1.34 billion, in line with the analysts' estimate of $1.33 billion -data compiled by LSEG
**Q2 revenue of $1.3 billion largely in line with estimates of $1.29 billion
** As of last close, stock down 9% YTD

 (Reporting by Koyena Das from Bengaluru)
 ((Koyena.das@thomsonreuters.com))