August 1, 2019 / 8:19 PM / 3 months ago

Web hosting company GoDaddy reports 13% rise in revenue, names new CEO

Aug 1 (Reuters) - Internet domain provider GoDaddy Inc reported a 13.1% rise in second-quarter revenue on Thursday, as the web hosting company earned more from an expanded customer base.

Net loss attributable to the company was $12.6 million, or 7 cents per class A share, in the quarter ended June 30, compared with a net income of $18.1 million, or 11 cents per class A share, a year earlier.

Total revenue rose to $737.2 million from $651.6 million.

The company named Aman Bhutani as its chief executive officer. He will take over from Scott Wagner who is stepping down due to health reasons.

Reporting by Sayanti Chakraborty in Bengaluru; Editing by Sriraj Kalluvila

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