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Market Recap 2-23-15 Endurance Intl Hits New High then reverses – Rightside down 4%

February 23, 2015 by Raymond Hackney

Market Recap 2-23-15

Endurance Intl Group (EiGi) hit a new high of $20.45 before reversing and finishing down 4% on the day. The parent of Domain.com reported earnings after the close.

  • For the fiscal year 2014, GAAP revenue was $629.8 million, an increase of 21 percent compared to $520.3 million in fiscal 2013. GAAP revenue for the fourth quarter was $171.9 million, an increase of 26 percent compared to $136.4 million in the fourth quarter of 2013.
  • For the fiscal year 2014, net loss attributable to Endurance International Group Holdings, Inc. was $42.8 million, or $(0.34) per diluted share compared to a net loss of $159.2 million, or $(1.55) per diluted share, for fiscal 2013. Net loss attributable to Endurance International Group Holdings, Inc. for the fourth quarter was $2.2 million, or $(0.02) per diluted share, compared to a net loss of $67.5 million, or $(0.57) per diluted share, for the fourth quarter of 2013.
  • Adjusted revenue for the fiscal year 2014 was $651.9 million, an increase of 23 percent compared to $528.1 million in fiscal year 2013. Adjusted revenue for the fourth quarter was $175.2 million, an increase of 28 percent compared to $136.9 million in the fourth quarter of 2013.

Rightside (NAME) was down 4% and closed at $7 the stock traded as low as $6.67.

Minds + Machines Group… MMX 8.75 0.00 (0.00%)
Marchex, Inc. MCHX 4.15 0.00 (0.00%)
Web.com Group Inc WWWW 17.70 -0.31 (-1.72%)
Rightside Group Ltd NAME 7.00 -0.30 (-4.11%)
Centralnic Group PLC CNIC 34.00 -1.00 (-2.86%)
Google Inc GOOG 531.91 -7.04 (-1.31%)
Tucows Inc. (USA) TCX 18.52 +0.08 (0.43%)
Verisign, Inc. VRSN 63.61 -0.26 (-0.41%)
Neustar Inc NSR 26.32 -0.25 (-0.94%)
United Internet AG UTDI 40.31* +0.48 (1.22%)
Endurance Intl. Group… EIGI 19.09 -0.80 (-4.02%)

Disclaimer – Any stock price and market data provided on our website is for informational purposes only, and should not be relied upon for trading purposes. Historical and current stock price performance data is not necessarily indicative of future performance.

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Filed Under: Market Recap

About Raymond Hackney

Raymond Hackney has been involved with domain names since 1997. One of the most prolific writers in the domain industry and founder of TLDinvestors.com and 3Character.com

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