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GoDaddy Inc Q2 2024 Earnings Call Transcript

Published Aug 01, 2024

17 pages (9478 words) — Published Aug 01, 2024

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Abstract:

Edited Transcript of GDDY.N earnings conference call or presentation 1-Aug-24 9:00pm GMT

Brief Excerpt:

...Welcome to GoDaddy's second quarter 2024 earnings call. Thank you for joining us. I'm Christie Masoner, VP of Investor Relations. And with me today are Aman Bhutani, Chief Executive Officer; and Mark McCaffrey, Chief Financial Officer. Following prepared remarks, we'll open up the call for your questions. (Event Instructions) On today's call will be referencing both GAAP and non-GAAP financial measures and other operating and business metrics A discussion of why we use non-GAAP financial measures and reconciliations of our non-GAAP financial measures to their GAAP equivalents may be found in the presentation posted to our Investor Relations site at investors.godaddy.net or in today's earnings release on our Form 8-K furnished with the SEC. Growth rates represent year-over-year comparisons unless otherwise note. The matters we'll be discussing today include forward looking statements such as those related to future financial results and our strategies or objectives with respect to future...

Report Type:

Transcript

Source:

Thomson StreetEvents

Company:

GoDaddy Inc

Ticker

GDDY.N

Time

9:00pm GMT

Format:

PDF

The following is excerpted from the question-and-answer section of the transcript. (Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session) Question: Josh Beck - Raymond James - Analyst : Thank you so much for taking the question. I wanted to just start with A&C bookings rising from the low to mid-20s this quarter, maybe help us think through and unpack the major drivers you obviously cited bundling and productivity and how those can maybe changes as we look ahead REFINITIV STREETEVENTS \| www.refinitiv.com \| Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 01, 2024 / 9:00PM, GDDY.N - Q2 2024 GoDaddy Inc Earnings Call and then related, anything that we need to be cognizant of when we think about comps for A&C bookings in the second half and into '25 as well. (multiple speakers) Question: Josh Beck - Raymond James - Analyst : Super helpful. And maybe just a quick follow-up on Airo, really helpful metrics. I think you mentioned 1 million discovered 0.5 million engaged. If we maybe double-click on that engaged group maybe what are some of the early standouts from adoption point of view? And when you think about the curve in the quarters ahead obviously, it hadn't been out that long. Is this the right cadence to think about in terms of number of customers ramping with that suite? Question: Josh Beck - Raymond James - Analyst : Great to hear you. Thank you Aman and Mark.

The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Josh Beck - Raymond James - Analyst : Thank you so much for taking the question. I wanted to just start with A&C bookings rising from the low to mid-20s this quarter, maybe help us think through and unpack the major drivers you obviously cited bundling and productivity and how those can maybe changes as we look ahead REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. AUGUST 01, 2024 / 9:00PM, GDDY.N - Q2 2024 GoDaddy Inc Earnings Call and then related, anything that we need to be cognizant of when we think about comps for A&C bookings in the second half and into '25 as well. (multiple speakers)

Question: Josh Beck - Raymond James - Analyst : Super helpful. And maybe just a quick follow-up on Airo, really helpful metrics. I think you mentioned 1 million discovered 0.5 million engaged. If we maybe double-click on that engaged group maybe what are some of the early standouts from adoption point of view? And when you think about the curve in the quarters ahead obviously, it hadn't been out that long. Is this the right cadence to think about in terms of number of customers ramping with that suite?

Question: Josh Beck - Raymond James - Analyst : Great to hear you. Thank you Aman and Mark.

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MLA:	Thomson StreetEvents. "GoDaddy Inc Q2 2024 Earnings Call Transcript" Aug 01, 2024. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q2-2024-GoDaddy-Inc-Earnings-Call-T16053425>

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GoDaddy Inc Q2 2024 Earnings Call Transcript

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