Domain Registrars

now browsing by category

 

The good, the bad and the ugly – NameSilo – 2019 Edition

Back in 2016 we started a series here that looked at the best and worst about companies in the domain industry. Over the last 30 months a lot has changed at many companies so we are revisiting the good, the bad and the ugly. Each post will deal with just one company, readers are encouraged […]

The post The good, the bad and the ugly – NameSilo – 2019 Edition appeared first on TheDomains.com.

Can NameSilo hold off GoDaddy?

Every 18 months or so there has been a best registrar poll on Namepros. GoDaddy won the last two, the last one was closer with @namesilo coming in second, 253 votes vs 191 or 29.8% vs 22.5%. The previous big poll saw GoDaddy run away with it 303 votes or 52%. This time around NameSilo […]

The post Can NameSilo hold off GoDaddy? appeared first on TheDomains.com.

Five more gTLD deadbeats fingered by ICANN

The company that tried unsuccessfully to get the .islam new gTLD has been slammed by ICANN for failing to pay its dues on five different gTLDs. Asia Green IT System, based in Turkey, has been considered “past due” on its registry fees since at least January, according to an ICANN breach notice sent yesterday. The […]

Tucows lost 20% of its value today

Wall Street punishes company after disappointing Q1 results.

Picture of downward arrow and stock pricesDomain name, wireless and internet provider Tucows had a rough day.

Shares in the company plunged $17.30, or 20%, to $68.75. About $180 million of value was wiped out in one day.

The drop came after the company reported disappointing earnings after the market closed yesterday. Revenue slid in the company’s domain business and it faced headwinds with suppliers for its wireless service.

Long-term shareholders probably aren’t sweating too much. Today’s closing price is still above where shares traded a year ago.

Tucows is the second largest domain name registrar. It owns Tucows/OpenSRS, Enom, Ascio and other registrars.

© DomainNameWire.com 2019. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

Tucows takes a short term hit but CEO Noss is optimistic

Company hits stumbling blocks in Q1.

Tucows logo

It is truly a quarter where it would be a lot easier to be private than public, but all of that makes me continually grateful for the nature of our investors.

That’s what Tucows CEO Elliot Noss had to say about his company’s first quarter 2019 results released yesterday.

Tucows (NASDAQ: TCX) reported declining year-over-year numbers. Revenue was down 18% and net income fell 25%.

The results weren’t nearly as bad as the headline numbers. In Q1 2018 the company accelerated revenue recognization for domains it transferred to Namecheap. Take that out and the revenue number slipped just 3%.

That’s still the wrong direction and there were some hits during the quarter, but Noss says they’re just short-term. The company had setbacks on Ting Mobile and in the domain aftermarket. Expired domain revenue was lackluster.

But Noss points to the company’s long-term trends in fiber and fixing some carrier relationships for mobile as pointing in the right direction. The Ascio acquisition will also boost the company going forward.

© DomainNameWire.com 2019. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

GoDaddy disappoints Wall Street in Q1

Numbers fall short of Wall Street’s expectations.

GoDaddy logoGoDaddy (NYSE: GDDY) reported earnings after the bell yesterday.

The company’s revenue was up 12.1% year-over-year to $710.0 million. That’s the midpoint of GoDaddy’s expectations for the quarter but fell below consensus analyst estimates. Profit also fell below Wall Street’s expectations, causing shares to drop after hours yesterday and this morning.

Bookings hit $870.5 million, up 11.2% year-over-year.

Domains revenue was $319.6 million, up 9.6% year-over-year. It was $314.3 million in Q4 of 2018.

GoDaddy had 78.2 million domains under management as of the end of the quarter. About two-thirds of the domains are .com. The company credits aftermarket growth for some of the gains.

The company expects Q2 revenue of $730 million – $740 million. Full year revenue guidance is unchanged at $2.97 billion – $3.0 billion.

© DomainNameWire.com 2019. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

SiteLock sues GoDaddy over troubled partnership

Security company claims GoDaddy didn’t pay what it owes.

SiteLock logo

Website security company SiteLock has sued domain name registrar and hosting company GoDaddy (NYSE: GDDY) for breach of contract and trademark claims.

The two companies signed a reseller agreement in 2013 under which GoDaddy could sell SiteLock’s website security services. SiteLock charged per subscription and GoDaddy could mark up the price however much it wanted so long as it met a minimum retail price. For example, SiteLock charged GoDaddy $5 per customer for a basic annual site scan service. GoDaddy could sell it for $12 or more per year and keep the difference.

SiteLock claims that GoDaddy only paid it when a customer paid for and activated the service but did not pay if a customer paid for the service but did not activate it. It argues that GoDaddy should have paid even when a customer failed to activate the service. It also alleges that GoDaddy did not provide required reporting in an effort to obscure this.

The relationship soured further after GoDaddy bought SiteLock competitor Sucuri in 2017. GoDaddy transitioned customers to Securi and forwarded pages on its site that used to be for SiteLock products to pages promoting Securi. According to the lawsuit, links on GoDaddy for people to sign up for SiteLock instead forwarded to pages about Securi.

SiteLock is owned by Abry Partners, the same private equity company that owns top level domain company Donuts.

The full lawsuit is here.

© DomainNameWire.com 2019. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

Endurance International falls 12% on lower forecast

Domain name and hosting company lowers outlook for 2019.

Endurance International Group LogoShares of Endurance International Group (NASDAQ: EIGI) fell nearly 12% in trading yesterday after the company lowered its 2019 forecast. Shares ended the day at $5.53.

  • GAAP revenue guidance lowered from $1.4 billion – $1.6 billion to $1.2 billion – $1.4 billion
  • Adjusted EBITDA forecast lowered from $310 million – $330 million to $300 million – $320 million
  • Free Cash Flow guidance lowered from $115 million – $125 million to $110 million – $120 million

Even the high end of the guidance for each of these numbers is below last year’s results. The company has been going through a reckoning as it digests all the assets it has rolled up.

Still, it had hoped for some leveling out in its numbers this year.

Endurance CEO Jeffrey Fox explained the lower expectations:

Our view incorporates updates to the plan related to timing of advancements in one of our hosting brands and delayed monetization related to certain initiatives in our email marketing and domain segments.

Endurance’s domain brands include BuyDomains, Reseller Club and Domain.com. Its hosting brands include BlueHost and HostGator.

© DomainNameWire.com 2019. This is copyrighted content. Domain Name Wire full-text RSS feeds are made available for personal use only, and may not be published on any site without permission. If you see this message on a website, contact copyright (at) domainnamewire.com. Latest domain news at DNW.com: Domain Name Wire.

Donuts acquires its 242nd gTLD

Donuts, the registry with the largest stable of new gTLDs, has added its 242nd string to its bow. The company seems to have acquired .contact from, nominally at least, smaller portfolio rival Top Level Spectrum. The ICANN contract for the gTLD was transferred to one of Donuts’ subsidiaries a couple weeks ago. According to TLS […]

GoDaddy Shuts Down 15,000 Subdomains used for scams

GoDaddy shutdown over 15,000 subdomains where surprisingly the legitimate owners of the domain did not even know they were hacked. The websites had fake endorsements from celebrities such as Jennifer Lopez, Gwen Stefani, and Shark Tank to name just a few. Gadgets360 on NDTV.com reported Spammers continue to find new ways to lure unsuspecting users […]

The post GoDaddy Shuts Down 15,000 Subdomains used for scams appeared first on TheDomains.com.

^