Earnings

    • MMX profitable as acquisition talks drag on

      New gTLD registry Minds + Machines became profitable as an operating company for the first time in 2017, the company announced on Friday. MMX saw billings of $10 million in the second half of the year, compared to $5.6 million in the first half, as domains under management grew 67% to 1.32 million.

      Kevin Murphy/ DomainIncite- 7 readers -
  • Radix says it’s profitable after making $12 million this year

    … New gTLD stable Radix said today that it expects to top $12 million in revenue this year. The company also told DI that it is currently profitable. Radix, which counts the likes of .site and .store among its portfolio of nine active gTLDs, said revenue so far for the calendar year has been tallied at $11.7 million. The company said…

    Kevin Murphy/ DomainIncite- 12 readers -
  • MMX revenue slips despite domain growth

    … million a year earlier. Revenue and billings were both down due to the lack of any big launches in the period; H1 2016 had benefited from the strong launch of .vip in China. Revenue, which is recognized over the duration of the domain registrations, was $5.3 million compared to $7.4 million in 2016. Billings, a measure of cash sales, were $5.6…

    Kevin Murphy/ DomainIncite- 10 readers -
  • CentralNic extends XYZ deal until 2032

    …, and .xyz If we tally up the number of domains in only count those six TLDs, we get to about 4.2 million, per their zone files. The company’s third reporting unit, Enterprise, contributed £800,000 ($1 million) in the half, of which £360,000 ($471,000) came from premium domain sales. Tweet Tagged: .xyz, centralnic, earnings, financials, instra, internet.bs, xyz.com …

    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- 14 readers -
  • GoDaddy domains business grows 15% in Q2

    …% of overall revenue at the company. GoDaddy said it had 17 million customers at the end of the quarter, June 30, adding about a million organically compared to a year earlier and 1.6 million from the HEG acquisition. At the end of the quarter, the company had $591.2 million in cash and equivalents and debt of $3 billion. Tweet Tagged: earnings, godaddy, heg, host europe group …

    Kevin Murphy/ DomainIncite- 14 readers -
    Earlier about the same topic:
  • Tucows revenue rockets after Enom buy

    … million in 2016 to $84.2 million this year. Net income for the quarter was up 29% at $5.2 million. Enom, which Tucows bought from Rightside for $76.7 million earlier this year, now accounts for a little under half of Tucows’ wholesale domains business, the larger portion going through its OpenSRS channel. Sales from Tucows’ premium portfolio rose to $968,000 from $885,000 a year ago. Its retail business, Hover, did $7.6 million of revenue, up from $3.6 million. Tweet Tagged: earnings, enom, rightside, tucows …

    Kevin Murphy/ DomainIncite- 15 readers -
  • Verisign confirms first price increase under new .net contract

    … to $9.02, effective February 1, 2018 If all six options are exercised, the price of a .net would be $15.27 by the time the current contract expires, including the $0.75 ICANN fee. It would be $14.52 without the ICANN fee. The increase was confirmed by CEO Jim Bidzon as Verisign reported its second-quarter earnings yesterday. For the quarter…

    Kevin Murphy/ DomainIncite- 22 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- 30 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

    … compared to $206,000 off 102,000 registrations in 2015 reflecting the use of a promotional initiative to drive registrations that year. MMX also disclosed that China now accounts for more than half of its billings: 59%, compared to 24% for the US and 17% for Europe. That’s largely based on its launch of .vip, which launched last May and has half…

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

    … Twitter released its Q3 2016 financial results Thursday, and it also announced it will reduce its workforce by approximately nine percent. For the third quarter of fiscal year 2016, Twitter saw revenue of $616 million, which is an increase of eight percent year-over-year. Advertising revenue for the quarter was $545 million, which…

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

    … million in 2015. That dip was almost entirely due to less money coming in via “last-resort” new gTLD auctions. The growth of the gTLD business led to $74.5 million coming from registries, up from $59 million in 2015. Registrar revenue grew from $39.3 million to $48.3 million. Money from ccTLD registries, whose contributions are entirely…

    Kevin Murphy/ DomainIncite- 17 readers -
Get the top posts daily into your mailbox!