GoDaddy forecasts annual revenue below estimates

Reuters

7小時前

Feb 24 (Reuters) - GoDaddy GDDY.N on Tuesday forecast annual revenue below Wall Street estimates, signaling that it anticipates slow adoption of its artificial‑intelligence tools and weaker customer acquisition across its core hosting business.

The company forecast annual revenue between $5.20 billion to $5.28 billion, below analysts' average estimate of $5.29 billion, according to data compiled by LSEG.

(Reporting by Anhata Rooprai in Bengaluru; Editing by Jonathan Ananda)

((Anhata.Rooprai@thomsonreuters.com))

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