The chart below shows how GDDY performed 10 days before and after its earnings report, based on data from the past quarters. Typically, GDDY sees a +0.73% change in stock price 10 days leading up to the earnings, and a +4.78% change 10 days following the report. On the earnings day itself, the stock moves by +0.65%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
2024 Performance Exceeds Expectations: Strong execution in 2024 with annual results tracking ahead of Investor Day targets.
Bookings and EBITDA Growth: Top-line bookings growth of over 9% and expanded normalized EBITDA margin to 31% for the full year.
Application and Commerce Growth: Impressive 21% growth in applications and commerce bookings contributing to a 25% increase in free cash flow for the year.
Annual Bookings Milestone: Crossed a significant milestone of delivering $5 billion of annual bookings.
Impactful Pricing Initiatives: Pricing and bundling initiatives delivered impactful results, exceeding expectations and contributing to 21% applications and commerce bookings growth.
Seamless Experience Initiative Impact: Seamless experience initiative improved conversion, renewal rates, and engagement across products.
WordPress Platform Redesign: Launched a redesigned managed WordPress platform with two times faster performance and enhanced security.
Gross Payment Volume Surge: Annualized gross payment volume increased 55% to $2.6 billion, indicating strong performance in the commerce initiative.
Merchant Cash Advance Launch: Launched GoDaddy Capital, a merchant cash advance program to help customers access working capital.
Cost Optimization Impact: Cost optimization initiatives drove measurable impact across the organization, maintaining a disciplined approach in 2025.
Aero Growth Potential: GoDaddy Aero is gaining traction and is viewed as a key driver of future growth and customer lifetime value.
Negative
Earnings Miss Reported: GoDaddy Inc. missed earnings expectations with a reported EPS of $1.36, falling short of the anticipated $1.43.
Cash Flow vs. Profitability Challenges: Despite a 25% increase in free cash flow, the company faced challenges in meeting overall earnings targets, indicating potential issues in profitability.
Cost Optimization Focus: The company highlighted a focus on cost optimization, suggesting that previous cost structures may not have been efficient enough to support growth.
Top-Line Growth Concerns: While there was a 9% growth in top-line bookings, the earnings miss raises concerns about the sustainability of this growth in the future.
Unproven Growth Strategies: The emphasis on new initiatives like GoDaddy Aero and commerce innovations may indicate a reliance on unproven strategies to drive future growth, which could pose risks if they do not perform as expected.
GoDaddy Inc. (NYSE:GDDY) Q4 2024 Earnings Call Transcript
GDDY.N
-1.14%