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April 20, 2018 10:47

You are browsing the archive for earnings.

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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Verisign confirms first price increase under new .net contract

Verisign is to increase the wholesale price of an annual .net domain registration by 10%, the company confirmed yesterday. It’s the first in an expected series of six annual 10% price hikes permitted under its recently renewed registry agreement with ICANN. The annual price of a .net registration, renewal, or transfer will go up from […]

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MMX stung for $7.7 million by crappy .london contract?

Did MMX take a $7.7 million accounting hit to renegotiate a crappy .london gTLD contract? It looks a bit like that to me. Found in the company’s full-year 2016 financial results yesterday is the disclosure that it had to pay off an undisclosed gTLD partner after originally making “overly ambitious” predictions about its likely popularity. […]

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CentralNic says revenue more than doubled in 2016

CentralNic’s revenue was up 110% in 2016, according to the company. The registry today released its unaudited results for last year, showing EBITDA up 65% at £5.5 million ($6.7 million) on revenue of £22.1 million ($26.9 million) The company, which has expanded into registrar services via acquisition in the last few years, said its recurring […]

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