GoDaddy Inc. reported first-quarter 2019 adjusted earnings of $0.70 per share, missing consensus estimates by $0.50. The company reported revenue of $710 million, increasing 2% sequentially and 12.1% year-over-year.
Revenue growth was driven by strong performance of its product segments. Moreover, growing subscription of GoDaddy’s mobile-optimized website builder, GoCentral, contributed well to top-line growth during the reported quarter.
The company’s customer base reached 18.8 million at the end of the first quarter. Notably, the figure advanced 6.4% from the prior-year quarter.