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July 19, 2018 05:55

You are browsing the archive for earnings.

MMX rejected three takeover bids before buying .xxx

MMX talked to three other domain name companies about potentially selling itself before deciding instead to go on the offensive, picking up ICM Registry for about $41 million. The company came out of a year-long strategic review on Friday with the shock news that it had agreed to buy the .xxx, .adult, .porn and .sex […]

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MMX could announce acquisition this week

New gTLD registry MMX could announce plans to be acquired as early as this week. The company told the markets last week that its delayed 2017 financial results would be announced in “early May”, along with the “conclusion of the strategic review” it has been teasing investors about for almost a year. The “strategic review”, […]

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.com adds 5.5 million names, renewals back over 70%

Verisign reported first-quarter financial results that reflected a healthier .com namespace following the spike caused by Chinese speculation in 2016. The company Friday reported that .com was up to 133.9 million domains at the end of March, an increase of 5.5 million over the year. The strong showing was tempered slightly by a further decline […]

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MMX profitable as acquisition talks drag on

New gTLD registry Minds + Machines became profitable as an operating company for the first time in 2017, the company announced on Friday. MMX saw billings of $10 million in the second half of the year, compared to $5.6 million in the first half, as domains under management grew 67% to 1.32 million. Billings is […]

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Radix says it’s profitable after making $12 million this year

New gTLD stable Radix said today that it expects to top $12 million in revenue this year. The company also told DI that it is currently profitable. Radix, which counts the likes of .site and .store among its portfolio of nine active gTLDs, said revenue so far for the calendar year has been tallied at […]

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MMX revenue slips despite domain growth

MMX today posted a smaller loss for the first half of the year, despite managing to grow domains under management and hit some important financial milestones. The new gTLD registry formerly known as Mind + Machines, which announced a few months ago that it’s looking to be acquired, reported an H1 loss of $526,000 compared […]

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CentralNic extends XYZ deal until 2032

CentralNic and XYZ.com have extended their registry services pact for the next fifteen years, according to CentralNic. Announcing its first-half 2017 financial results today, CentralNic said the back-end contract has been extended until 2032. It’s an unusually long duration for a registry services contract, which are usually much more likely to run about five years. […]

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Endurance losing founder-CEO next week

Endurance International, the parent company of registrar brands including Public Domain Registry, BuyDomains, Domain.com and BigRock, will see its founding CEO resign next week. The company said this week that Hari Ravichandran will be replaced by Jeff Fox, most recently chair of customer relationship management software vendor Convergys, on August 22. Endurance, which makes about […]

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Tucows revenue rockets after Enom buy

Tucows saw its revenue from domain names more than double in the second quarter, following the acquisition of rival Enom. The company this week reported domain services revenue for the three months ending June 30 of $62.8 million, compared to $28.4 million a year ago. That was part of overall growth of 78%, with revenue […]

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GoDaddy domains business grows 15% in Q2

GoDaddy saw its revenue from domain name sales increase by almost 15% in the second quarter, the company announced this week. Its domains revenue was $263.3 million, up 14.6% on the same quarter last year. That was part of an overall growth trend at the company, which saw revenue for the quarter up 22.3% at […]

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