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GoDaddy (GDDY) Stock Climbs in After-Hours Trading on Strong Q2 Revenue

NEW YORK (TheStreet) -- Shares of GoDaddy (GDDY) are jumping 8.12% to $30.61 in after-hours trading on Wednesday after the company posted better-than-expected revenue for the 2016 second quarter.

The Scottsdale, AZ-based domain registrar and web hosting company said revenue rose 15.6% to $456.2 million from last year. Analysts were looking for revenue of $450.5 million.

GoDaddy posted a loss of 11 cents per share for the quarter, wider than analysts' estimates for a loss of 7 cents per share.

Average revenue per user climbed 6.2% to $125...


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