A new milestone: GoDaddy does $3 billion bookings in 2018

IT.com

Digital Pandit

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GoDaddy (NYSE: GDDY) released Q4 2018 and full-year earnings today after the market closed.

The company crossed $3 billion in bookings in 2018, coming in at $3.01 billion, up 15.0% from 2017.

Revenue was $2.23 billion, up 19.2%. GoDaddy expects slower revenue growth in 2019, targeting 12-13%.

Domain name revenue in Q4 was $314.3 million, up 11.6% from $281.6 million in the same quarter of 2018. For the year, domain revenue was $1.22 billion.

The company ended 2018 with 18.5 million customers.

Subscriptions to web presence products, including GoCentral and managed WordPress, were up 40%.

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