GoDaddy reports a strong second quarter

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GoDaddy (NYSE:GDDY) reported second quarter earnings up 22% year over year. The stock is up After Hours: 43.00 +0.55 (1.30%).

Domain revenue up 14.6% year over year.

Highlights:

• Total revenue of $557.8 million, up 22.3% year over year, or 23.5% on a constant currency basis.
• Total bookings of $667.5 million, up 23.9% year over year, or 25.8% on a constant currency basis.
• Net cash provided by operating activities of $113.3 million, up 22.6% year over year.
• Unlevered free cash flow of $135.0 million, up 60.9% year over year, and up 35.0% in the first half of 2017 vs. 2016.
• Customers were nearly 17 million at quarter end, up 17.8% year over year, including HEG customers of over 1.6 million.
• Average revenue per user (ARPU) of $129, up 2.8% year over year, and organic ARPU of $132, up 5.9% year over year.
• Domains revenue of $263.3 million, up 14.6% year over year.
• Hosting and Presence revenue of $214.9 million, up 28.3% year over year.
• Business Applications revenue of $79.6 million, up 35.1% year over year.
• International revenue of $187.7 million, up 56.7% year over year, or 61.2% on a constant currency basis.

Source