Endurance impairement loss increases to $17.9 million from BuyDomains deal

Digital Pandit

Well-Known Member
Country flag
Endurance International Group (NASDAQ: EIGI) has taken another big impairment charge related to its 2014 acquisition of BuyDomains for $45 million. In its latest quarterly filing, the company stated:

During the three and six months ended June 30, 2019, the Company recognized an impairment charge of $17.9 million relating primarily to premium domain name intangible assets acquired in 2014, which was recorded in cost of revenue in the consolidated statement of operations and comprehensive loss.

Full article link
 
Similar threads
Thread starter Title Forum Replies Date
Digital Pandit Endurance International Group : Increase in businesses going online fan the growth Registrars 0
Digital Pandit GoDaddy, PorkBun and Endurance clinch victory from HUL in a domain “blocking” court fight Registrars 0
Digital Pandit Endurance reports earnings, domain customers grew but revenues fell Registrars 0
Digital Pandit Endurance International Group reports declining numbers Registrars 0
domainking131 Endurance writes off $13.8 million in domain name value Business and Economy 2
domainking131 Endurance International acquires Constant Contact for $1.1 billion Webmaster Forum 0
domainking131 Endurance CEO takes cash pay cut, with potential big share payday The Lounge 0
domainking131 Endurance paid $44.9 million for BuyDomains Non-Indian Domains 4
CyberKing Endurance bought BuyDomains.com last quarter and just revealed it with earnings General Indian Domain Name Discussion 0
Digital Pandit Post the UDRP loss for Pocketbook.com, Pocketbook e-reader company goes to US Court Legal Issues and Dispute 0
DNJournal.com The Warmuz Way: How Trellian Has Triumphed for 20 Years Despite the Tragic Loss of a Founder The Lounge 0
Foroux Revenue Loss From Amazon's Affiliate Program Webmaster Forum 5
domainking131 Rightside reports $4.4 million net loss for Q3 New GTLDs 0
domainking131 Why Rick Schwartz’s UDRP loss is good for domainers Legal Issues and Dispute 0
domainking131 M+M turns $22m profit into $10m loss Non-Indian Domains 0
domainking131 University of Cambridge withdraws trademark challenge after UDRP loss Non-Indian Domains 0
M Why This Weight Loss Website Ranking So Well? Website Reviews 28
p206ab weight-loss.center & travelcheap.agency Non-India Related Domains 0
R Indian Weight Loss Development Options 1
H Yoga for Weight Loss and other For Sale 0

Similar threads

whois



Forums dedicated to Indian domain names, including buying, selling, appraising, developing, and monetizing.

About Us

Threads
27,276
Messages
74,300
Members
7,656
Latest member
endrydaa
Top Bottom