Welcome to GoDaddy’s Fourth Quarter and Full Year 2024 Earnings Call
Company Participants:
Christie Masoner – Vice President of Investor Relations
Aman Bhutani – Chief Executive Officer
Mark McCaffrey – Chief Financial Officer
Conference Call Participants:
Vikram Kesavabhotla – Baird
Ken Wong – Oppenheimer
Josh Beck – Raymond James
Aaron Kessler – Seaport Research
Trevor Young – Barclays
Robert Coolbrith – Evercore
Ygal Arounian – Citi
Elizabeth Elliott – Morgan Stanley
Mark Zgutowicz – The Benchmark Company
Naved Khan – B. Riley Securities
Christie Masoner:
Welcome to GoDaddy’s Fourth Quarter and Full Year 2024 Earnings Call. We are pleased to share our financial results for the past quarter and the full year. I will now hand it over to our CEO, Aman Bhutani, to provide an overview of our performance.
Aman Bhutani:
Thank you, Christie. I am pleased to report that GoDaddy has had a strong fourth quarter and full year in 2024. Our revenue has grown steadily, and we have seen an increase in both customer acquisition and retention. Our innovative products and services continue to drive our growth, and we are excited about the opportunities that lie ahead for GoDaddy.
Mark McCaffrey:
As the Chief Financial Officer, I am happy to report that our financial performance has exceeded expectations. Our earnings per share have increased, and our margins have expanded. We have also made strategic investments in key areas that will fuel our future growth. I am confident in our ability to continue on this path of success.
How will this affect me?
As a current or potential investor in GoDaddy, the positive financial results from the fourth quarter and full year 2024 earnings call are a promising sign for the company’s future prospects. The growth in revenue, customer acquisition, and product innovation indicate a strong performance, which could potentially lead to an increase in the company’s stock price. It may be a good time to consider investing in GoDaddy based on this positive momentum.
How will this affect the world?
GoDaddy’s success in the fourth quarter and full year 2024 earnings call reflects positively not only on the company itself but also on the technology industry as a whole. As a leading provider of internet domain and web hosting services, GoDaddy’s growth signifies a thriving digital economy. The innovative products and services offered by GoDaddy contribute to the advancement of online businesses, e-commerce, and digital marketing. The company’s continued success may inspire other tech companies to strive for excellence in their respective fields, ultimately driving further innovation and growth in the global tech sector.
Conclusion
In conclusion, GoDaddy’s fourth quarter and full year 2024 earnings call demonstrate the company’s strong performance and promising future outlook. With a focus on revenue growth, customer acquisition, and product innovation, GoDaddy continues to position itself as a leader in the tech industry. The positive financial results from the earnings call bode well for both investors and the global tech sector, indicating a bright future ahead for GoDaddy and its impact on the world.
