Rightside reports $4.4 million net loss for Q3

Discussion in 'New GTLDs' started by domainking131, Nov 9, 2016.

  1. domainking131

    domainking131 India Forum Leader Staff Member

    Joined:
    Aug 5, 2013
    Messages:
    3,166
    Likes Received:
    235
    Trophy Points:
    63
    Location:
    India
    Rightside announced today financial results for the third quarter ended September 30, 2016 reporting a net loss of $4.4 million for the 3rd quarter.

    • Rightside has 40 gTLDs in its portfolio and ended the quarter with approximately 546,000 registered domains.
    • Rightside’s retail registrar, Name.com, grew revenue approximately 14% year-over-year.
    • With approximately 16.4 million total domains under management as of September 30, 2016, including over 2.9 million domain names registered through its retail outlets, Rightside remains one of the world’s largest registrars.
    • In Q3, the Company successfully launched its new gTLD .GAMES, which has already generated more than 7,000 registrations and over $300,000 in cash revenue for premium domain related sales, including high-value names like free.games, math.games and racing.games.

    Source