Connect with us

Technology

GoDaddy Outlines Long-Term Profitable Growth Strategy at Investor Day

Published

1 year ago

on

Company shares significant progress against revenue, profitability and free cash flow goals and provides insights on its three-year strategy and outlook 

TEMPE, Ariz., March 6, 2024 /PRNewswire/ — GoDaddy Inc. (NYSE: GDDY) will host investors today at its Investor Day in Tempe. The event will feature presentations, technology demonstrations and commentary from senior leaders on innovations for customers, as well as its plans for profitable growth and operational excellence.

“This is a milestone moment for GoDaddy as we turbocharge our solutions for small businesses worldwide with the transformational power of generative AI,” said Aman Bhutani, CEO of GoDaddy. “Our focus remains balancing top-line growth and profitability to deliver long-term value for our shareholders.”

The presentations include live demonstrations of the recently launched GoDaddy Airo™, an AI-powered solution that saves small business owners precious time in establishing their online presence and helps them win new customers.

Updated Financial Targets

GoDaddy will provide new three-year financial targets to help investors and analysts model its business. The company expects:

6% to 8% annual revenue growth between 2024 to 2026, fueled by acceleration in its Applications & Commerce segment;Approximately 33% full-year normalized EBITDA margin in 2026; and$4.5 billion or more in three-year cumulative free cash flow through 2026, with a capital return strategy targeting a free cash flow per share compounded annual growth rate of 20% plus through 2026.

“Building on our track record of expanding normalized EBITDA margin 100 to 200 basis points each year for the last three years, we plan to drive full-year normalized EBITDA margin of approximately 33% in 2026,” said Mark McCaffrey, GoDaddy CFO. “Increasing free cash flow per share over the long-term continues to be our North Star. We expect to grow free cash flow per share at a compounded annual growth rate of 20% plus, supported by the expectation we will generate $4.5 billion or more in three-year cumulative free cash flow through 2026.”

GoDaddy is committed to continuing to return capital to shareholders. With $1.4 billion remaining under current share authorizations, the company plans to continue its share buyback program.

To join the event in progress, please register here. For the replay and access to materials shared during GoDaddy’s Investor Day, please visit https://investors.godaddy.net.  

About GoDaddy
GoDaddy helps millions of entrepreneurs globally start, grow and scale their businesses. People come to GoDaddy to name their idea, build a professional website, attract customers, sell their products and services and accept payments online and in-person. GoDaddy’s easy-to-use tools help small business owners manage everything in one place and its expert guides are available to provide assistance 24/7. To learn more about the company, visit www.GoDaddy.com.

Forward-Looking Statements

This press release contains forward-looking statements that are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on estimates and information available to us at the time of this press release and are not guarantees of future performance. Statements in this press release involve risks, uncertainties and assumptions. If the risks or uncertainties materialize or the assumptions prove incorrect, our results may differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact could be deemed forward-looking statements, including, but not limited to any statements regarding: our business outlook; launches of new or expansion of existing products or services, including GoDaddy Airo™, any projections of product or service availability, technology developments and innovation, customer growth, or other future events; historical results that may suggest future trends for our business; our plans, strategies or objectives with respect to future operations, partnerships and partner integrations and marketing strategy; future financial results; our ability to integrate acquisitions and achieve desired synergies and vertical integration; the expected impact of our debt repricing; our future taxable income and ability to realize our deferred tax assets; and assumptions underlying any of the foregoing.

Actual results could differ materially from our current expectations as a result of many factors, including, but not limited to: the unpredictable nature of our rapidly evolving market; fluctuations in our financial and operating results; our rate of growth; interruptions or delays in our service or our web hosting; our dependence on payment card networks and acquiring processors; breaches of our security measures; the impact of any previous or future acquisitions or divestitures; our ability to continue to release, and gain customer acceptance of, our existing and future products and services; our ability to deploy new and evolving technologies, such as artificial intelligence, machine learning, data analytics and similar tools, in our offerings; our ability to manage our growth; our ability to hire, retain and motivate employees; the effects of competition; technological, regulatory and legal developments; intellectual property litigation; the impact of our restructuring efforts; macroeconomic conditions and developments in the economy, financial markets and credit markets; continued escalation of geopolitical tensions; the level of interest rates and inflationary pressures; the execution of share repurchases; and our ability to remediate the identified material weakness in our internal control over financial reporting and to maintain effective internal control over financial reporting.

Additional risks and uncertainties that could affect GoDaddy’s business and financial results are included in the filings we make with the SEC from time to time, including those described in “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the year ended December 31, 2023, which is available on GoDaddy’s website at https://investors.godaddy.net and on the SEC’s website at www.sec.gov, and any subsequent quarterly or annual report filed with the SEC thereafter. Additional information will also be set forth in other filings that GoDaddy makes with the SEC from time to time. All forward-looking statements in this press release are based on information available to GoDaddy as of the date hereof. Except to the extent required by law, GoDaddy does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.

Source: GoDaddy Inc.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/godaddy-outlines-long-term-profitable-growth-strategy-at-investor-day-302082006.html

SOURCE GoDaddy Inc.

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

D-Link AQUILA PRO AI M95 Wins Red Dot Design Award 2025

Published

50 minutes ago

on

May 15, 2025

By

Redefining the Future of Home Connectivity

TAIPEI, May 15, 2025 /PRNewswire/ — D-Link Corporation (TWSE: 2332), a global leader in networking solutions, proudly announces that its AQUILA PRO AI M95 BE9500 Wi-Fi 7 Smart Mesh Router has been awarded the prestigious Red Dot Award for Product Design 2025. This international recognition highlights D-Link’s commitment to “Made in Taiwan” quality, creative innovation, solution-oriented design, one-stop service, and sustainable development in smart home connectivity while reinforces D-Link’s brand spirit of “One Connection • Infinite Possibilities”.

Taiwan Craftsmanship, Global Trust

Proudly Made in Taiwan, the M95 embodies trusted craftsmanship, rigorous quality control, and the world-renowned manufacturing excellence that defines Taiwan’s tech industry. Built on D-Link’s heritage of engineering expertise and a robust, reliable supply chain, it delivers exceptional performance and long-term value to global consumers.

Engineered for the Next-Gen Smart Home

The M95 Smart Mesh Router harnesses the power of Wi-Fi 7 with tri-band support (2.4GHz / 5GHz / 6GHz) and 320MHz bandwidth, delivering ultra-fast speeds, ultra-low latency, and greater capacity for demanding applications like 8K streaming, VR gaming, and smart home automation. With Multi-Link Operation (MLO) and Mesh Technology, the M95 ensures seamless multi-band transmission and enhanced network reliability. WPA3 encryption and 2.5 Gbps WAN/LAN ports offer advanced security and high-speed wired connectivity for performance-intensive devices.

Design Meets Sustainability

Inspired by the elegance of an eagle in flight, the M95 features a distinctive curved silhouette with four integrated omnidirectional antennas housed in ‘wings’ and a feather-patterned vent design, offering top-tier functionality with refined aesthetics that blend effortlessly into modern homes. Demonstrating a strong commitment to environmental responsibility, the router is crafted by using post-consumer recycled materials and includes an AI Eco Mode to reduce energy consumption. D-Link’s AQUILA PRO AI app offers simple and intuitive control with features such as parental controls, guest Wi-Fi, Health Mode, and complete network management in one place.

“We’re honored to receive the Red Dot Award for the AQUILA PRO AI M95,” said CJ Chang, CEO of D-Link Corporation. “This product reflects our vision to deliver smart, stylish, and sustainable networking solutions that redefine the connected home experience.” With its next-generation Wi-Fi 7 capabilities, intelligent optimization, elegant design, and eco-conscious engineering, the AQUILA PRO AI M95 sets a new benchmark for the future of smart living. As D-Link continues to drive innovation from Taiwan to the world, it remains steadfast in empowering users through technology that’s seamless, sustainable, and built for tomorrow.

About D-Link

D-Link, a renowned global brand and leader in the networking industry, was established in 1987 in Taiwan. With operations in 90 locations across 43 countries, D-Link provides networking solutions for individuals, homes, businesses, and industries, including a comprehensive range of industry-leading network solutions and AI-driven cloud management services. Find out more about D-Link at www.dlink.com

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/d-link-aquila-pro-ai-m95-wins-red-dot-design-award-2025-302456132.html

SOURCE D-Link

Continue Reading

Technology

SSI SCHAEFER Appoints Koen Leekens as New Senior Vice President, Regional Head APAC & MEA

Published

50 minutes ago

on

May 15, 2025

By

SINGAPORE, May 15, 2025 /PRNewswire/ — SSI Schaefer strengthens its Asia-Pacific, Middle East and Africa (APAC & MEA) regions with the appointment of Mr Koen Leekens, ex- Schneider Electric’s Industrial Automation Business Unit leader, as its new Senior Vice President and Regional Head.

Mr. Leekens brings to SSI Schaefer over 30 years of global leadership experience and 26 years working in Asia Pacific.  With a strong background in management, business development, finance and operations, Mr. Leekens is passionate about Industry 4.0, digital transformation, and sustainability; he has successfully driven business growth and innovation across Europe, the U.S., India, and Southeast Asia.

Reporting directly to SSI Schaefer Group CEO, Peter Edelmann, Mr. Leekens has overall responsibility for driving the performance for SSI Schaefer in APAC & MEA, including overseeing the region’s strategic direction and operational success.

“As I step into this new chapter with SSI Schaefer, a global leader in intra-logistics solutions, I look forward to contributing to its continued growth and innovation across this dynamic and diverse region,” Mr. Leekens said.

While describing SSI Schaefer as a recognized global leader with deep roots and bold ambition, Mr. Leekens explains, “I’m honored to be joining a company so deeply committed to excellence, sustainability, and shaping the future of logistics.”

Company Profile SSI Schaefer Group 

The SSI Schaefer Group is a leading global solution provider for all areas of intralogistics. With innovative technologies and software, the family-owned company empowers customers to increase the efficiency and sustainability of their storage, picking, and transport processes. From fully automated warehouses, with individual service and maintenance offers, to manual and semi-automated systems, SSI Schaefer offers cost-effective intralogistics solutions from a single source, for small and medium-sized businesses as well as large companies. SSI Schaefer has also become one of the largest vendors of software for internal material flow. The comprehensive software portfolio covers all processes from warehouse management to material flow control and offers all possibilities for sustainable resource management with modern real-time analyses, smart data processing, and optimization algorithms. With SSI Schaefer Plastics, the company is also an expert in sustainable container systems and customized constructive packaging, as well as solutions for waste and recycling management.

SSI Schaefer employs more than 8,800 people at its international headquarters in Neunkirchen (Germany) and in approx. 80 operating companies globally, including seven production facilities on six continents. In fiscal year 2024, the company generated sales of EUR 2.0 billion.

For years, the SSI Schaefer Group has relied on trusted partnerships and strong brands. The Group also includes the robotics specialist RO-BER, the SAP specialist SWAN, the robotics and AGV expert DS AUTOMOTION and the start-up SupplyBrain.

Photo – https://mma.prnewswire.com/media/2688045/1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/ssi-schaefer-appoints-koen-leekens-as-new-senior-vice-president-regional-head-apac–mea-302456116.html

Continue Reading

Technology

Lobster unveils its “Data World” – a digital ecosystem powering next-generation data integration

Published

50 minutes ago

on

May 15, 2025

By

MUNICH, 15 May 2025 /PRNewswire/ — A new chapter in digital supply chains begins today with the launch of the Lobster Data World – a revolutionary ecosystem that breaks down data silos, supercharges collaboration, and empowers organisations to unlock the full potential of their data. Developed by Lobster, the software company connecting people and data for a better future, this strategic move brings its entire suite of integration capabilities together into one single, seamless offering. The Lobster Data World will serve as the backbone for global supply chains, helping businesses adapt and innovate amid ever-shifting market demands.

“As we navigate unpredictable landscapes, data has become one of the most powerful assets organisations have to mitigate risks and gain a competitive edge,” said Tim Srock, CEO of Lobster. “The Data World isn’t just another product – it’s our vision for a truly connected world. We’re empowering companies to eliminate recurring connectivity issues, anticipate challenges before they arise, and build smarter, more resilient supply chains.”

Data World: Solving real-world data challenges

The Data World directly addresses today’s most critical data integration pain points:

Breaking down data silos: Integrates legacy infrastructure with modern cloud platforms to unlock trapped data.Seamless collaboration: Facilitates secure, real-time information exchange between trading partners through the Data Network.Intelligent insights: AI-driven analytics uncover actionable patterns for smarter decision-making.Accelerated innovation: Empowers teams to rapidly develop data-driven applications.Simplified governance: Ensures secure data access and policy implementation through built-in compliance features.

The four pillars of the Data World

Data Network: Connects shippers, retailers, logistics service providers, carriers, tech vendors in a seamless, zero-touch ecosystem. Hundreds of network participants are already seeing the benefits of automated onboarding, enhanced visibility, and significant cost savings.

Data Ecosystem: The Data Ecosystem sustains our Data Network by bringing together strategic partners, a collaborative community, a dynamic marketplace, and continuous learning through Lobster Academy. This integrated approach accelerates innovation, empowers users, and drives value creation for customers.

Data Products: Out-of-the-box, plug-and-play solutions for critical business processes. With a few clicks, companies can leverage fully managed Data Poducts for purchasing, logistics operations, e-commerce, and even e-invoicing.

Data Platform: A configurable environment with intuitive drag-and-drop interfaces, enabling users – from developers to business teams – to create custom integrations and applications and even build on the functionality of the Data Products.

“Technology is an enabler; people drive transformation,” said Jethro Borsje, Chief Product Officer at Lobster. “That’s why Lobster Data World is designed to be intuitive, scalable, and accessible – putting the power in the hands of every user.”

“The Lobster Data World is more than an evolution — it’s a paradigm shift in connectivity,” added Gonçalo Gaiolas, Chief Product & Technology Officer at SoSafe and Board Member of Lobster. “By unifying people, systems, and processes, Lobster is paving the way for a more adaptive and responsive global supply chain ecosystem.”

Lobster introduced the Data World to over 1,000 attendees at its Data Hero Summit, held on May 14th in Munich, Germany. The event served as a platform for showcasing real-world use cases, partner integrations, and hands-on demos of the new offering in action.

About Lobster
Lobster is a software development company dedicated to connecting people and data for a better future. The Lobster Data World is a global data ecosystem that provides a 360° data view and empowers teams to solve challenges effectively. It eliminates complexity by enabling real-time integration and intelligent automation to break down silos and foster secure collaboration across complex supply chains.

With a presence in DACH, the UK, France, Scandinavia, and the Benelux – serving over 2,000 customers globally – Lobster enables companies to unlock the full potential of their data and stay agile in a rapidly evolving digital world.

Logo – https://mma.prnewswire.com/media/2687257/Lobster_Logo.jpg
Photo – https://mma.prnewswire.com/media/2687258/Data_World.jpg

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/lobster-unveils-its-data-world–a-digital-ecosystem-powering-next-generation-data-integration-302455331.html

Continue Reading

Trending