GoDaddy announces about the 13% rise revenue

On 1 August an Internet hosting providing firm GoDaddy announces about 13.1% rise in the second-quarter revenue on Thursday. As the web hosting company earned more from an expanded customer base. At the end of the quarter year, June 30 the company was in the loss of $12.6 million, or 7 cents per class A share, compared with a net income of $18.1 million, or 11 cents per class A share, a year earlier.

The total income of the company rose to $737.2 million from $651.6 million.

His chief executive officer Scott Wagner was would step down after it reported a quarterly loss on sluggish customer growth and higher costs, sending shares down as much as 5% in extended trading.

The company name Aman Bhutani as its chief executive. He takes over the company from Scott Wagner because He is stepping down the company because of health issues.

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