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Dec 31, 2019
GoDaddy Q4 2019 Earnings Report
GoDaddy's Q4 2019 earnings were released, demonstrating revenue growth and increased cash flow.
Key Takeaways
GoDaddy reported a 12.2% increase in revenue, reaching $780.4 million for Q4 2019. The company's unlevered free cash flow increased by 40.1% to $177.7 million, and total bookings grew by 13.8% to $833.6 million.
Total revenue reached $780.4 million, a 12.2% increase year-over-year.
Total bookings were $833.6 million, up 13.8% year-over-year.
Net cash provided by operating activities increased by 26.2% year-over-year to $162.2 million.
Unlevered free cash flow increased by 40.1% year-over-year to $177.7 million.
GoDaddy
GoDaddy
Forward Guidance
GoDaddy anticipates revenue of $3.315 billion for the full year 2020, representing an 11% year-over-year growth. Unlevered Free Cash Flow is expected to be $835 million, a 14% increase.
Positive Outlook
- Projected revenue growth of 11% for the full year 2020.
- Expected Unlevered Free Cash Flow of $835 million, a 14% increase for the full year 2020.
- Capital expenditures are anticipated to be around $85 million.
- Cash interest on long-term debt is estimated to be approximately $80 million.
- Cash income taxes are expected to be less than $20 million.