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Web-hosting company GoDaddy's revenue rises 15.3 percent

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Reuters

(Reuters) - Web-hosting company GoDaddy Inc reported a 15.3 percent rise in quarterly revenue as it earned more per user and it attracted more customers.

The company's net loss narrowed to $18.3 million, or 15 cents per share, in the first quarter ended March 31, from $43.4 million, or 34 cents per share, a year earlier.

Revenue rose to $433.7 million from $376.3 million.

(Reporting by Alan John Koshy in Bengaluru; Editing by Sriraj Kalluvila)

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First Published: May 05 2016 | 2:43 AM IST

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