Earnings

    • Verisign confirms first price increase under new .net contract

      Verisign is to increase the wholesale price of an annual .net domain registration by 10%, the company confirmed yesterday. It’s the first in an expected series of six annual 10% price hikes permitted under its recently renewed registry agreement with ICANN. The annual price of a .net registration, renewal, or transfer will go up from $8.20 to $9.

      Kevin Murphy/ DomainIncite- 19 readers -
    • Tucows revenue rockets after Enom buy

      Tucows saw its revenue from domain names more than double in the second quarter, following the acquisition of rival Enom. The company this week reported domain services revenue for the three months ending June 30 of $62.8 million, compared to $28.4 million a year ago. That was part of overall growth of 78%, with revenue rising from $47.2 million in 2016 to $84.2 million this year.

      Kevin Murphy/ DomainIncite- 13 readers -
  • Endurance losing founder-CEO next week

    … investigation into its 2015 acquisition of Constant Contact. The SEC probe has been going on since at least December 2015. Endurance is also facing flattening top-line growth — revenue of $292.3 million, up 1% on last year, in the second quarter — and deepening losses. Fox was CEO of Convergys from 2010 to 2012. He is also principal of The Circumference Group, his own investment/advisory firm. Tweet Tagged: bigrock, buydomains, domain.com, earnings, endurance, Public Domain Registry …

    Kevin Murphy/ DomainIncite- 7 readers -
  • Tucows says eNom may be shrinking as Melbourne IT drives 2016 growth

    … under the hood and get a better sense of the platform as we will with all of the operations, the long-term plan might be different. The acquisition was “overwhelmingly about generating scale and realizing cost efficiencies”, Noss said. Tucows paid $83.5 million for eNom, which has about $155 million in annual revenue and is expected to generate about $20 million in EBITDA per year after efficiencies are realized. Tweet Tagged: acquisition, earnings, enom, hover, melbourne it, rightside, tucows …

    Kevin Murphy/ DomainIncite- 28 readers -
  • GoDaddy revenue tops $1.8 billion in 2016

    … Kevin Murphy, January 27, 2017, 12:46:59 (UTC), Domain Registrars GoDaddy today said that its revenue for 2016 topped $1.8 billion. In a preliminary disclosure to the markets ahead of its formal February 15 earnings announcement, the registrar said that annual revenue for 2016 is expected to come in at $1.84 billion. That compares to $1.6…

    Kevin Murphy/ DomainIncite- 30 readers -
  • MMX billings double even as some volumes slide

    … a million names mainly because of the resonance of the string in China. The company said it intends to imitate its focus on .vip in 2016 by only launching two TLDs — .boston and one other — in 2017. MMX’s formal, audited 2016 financial results will be published in April. Tweet Tagged: .vip, china, earnings, Minds + Machines, mmx …

    Kevin Murphy/ DomainIncite- 19 readers -
  • Twitter Reveals Q3 2016 Financial Results, Will Reduce Workforce by 9%

    … the company’s sales, partnerships, and marketing efforts,” and that the restructuring “is intended to create greater focus and efficiency to enable Twitter’s goal of driving toward GAAP profitability in 2017.” Jack Dorsey, CEO of Twitter, commented in the release: Our strategy is directly driving growth in audience and engagement, with an acceleration…

    AllFacebookin Social Twitter- 20 readers -
  • ICANN has $400m in the bank

    … are earmarked for some yet-unspecified community purpose and sit outside its general working capital pool. Regardless, they’re factored into these audited financial reports. ICANN has to date taken in almost a quarter of a billion dollars from auctions. Its board recently decided to diversify how the money is invested, so the pot could well grow. Tweet Tagged: auctions, earnings, ICANN, new gTLDs …

    Kevin Murphy/ DomainIncite- 16 readers -
  • M+M billings quadruple on China .vip surge

    … Minds + Machines this morning said that its billings increased to $8.05 million in the first half of 2016. That’s a 300% increase on the comparable year-ago period, the company said in a preliminary statement to the markets. It added that its domains under management grew from 217,200 at the end of June 2015 to 728,940 a year later. While…

    Kevin Murphy/ DomainIncite- 10 readers -
  • CentralNic doing okay out of new gTLDs

    … a single buyer. It’s not clear whether this was a single domain deal or a package of premiums, but it represents the most volatile element of CentralNic’s revenue. Tweet Tagged: .xyz, centralnic, earnings, xyz.com …

    Kevin Murphy/ DomainIncite- 15 readers -
  • Rightside to modernize eNom, predicts $75m new gTLD revs

    … Rightside used its first quarter earnings call yesterday to address, albeit indirectly, some of the criticisms recently leveled at it by activist investors and competitors. CEO Taryn Naidu revealed for the first time how the company sees the new gTLD market playing out in the longer term. He said than in three to five years, Rightside expects…

    Kevin Murphy/ DomainIncite- 14 readers -
  • GoDaddy grows domain revs 10% in Q1

    …, up 9.9% on Q1 2015. Hosting-related services and business applications grew 14.4% and 47.4% respectively, to $160.4 million and $54.4 million. The company raised its revenue expectations for the year to a range of $1.83 billion to $1.845 billion. Tweet Tagged: earnings, godaddy …

    Kevin Murphy/ DomainIncite- 7 readers -
  • Zynga Reveals Q1 2016 Earnings, Announces Ice Age Mobile Game

    … to launch in Q2 2016. For FarmVille fans, Zynga’s FarmVille: Tropic Escape is expected to launch worldwide later this year. The game will be similar to FarmVille 2: Country Escape, and will allow players to build a tropical-themed world. Finally, two games from Zynga’s NaturalMotion team are expected to release this year. Racing game CSR2…

    AllTwitter- 21 readers -
  • Verisign has great quarter but sees China growth slowing

    … elaborated (according to the SeekingAlpha earnings call transcript): as we look at the trends, we’ve seen the demand that happened in the second half of the first quarter kind of ebb and flow. So we saw it come. It was pretty strong for a few weeks and then it came back to more than normalized path. So we don’t have a perfect crystal ball, but based…

    Kevin Murphy/ DomainIncite- 18 readers -
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