Market Recap 5-7-15
Rightside (NAME) reported earnings after the close,
First Quarter 2015 Financial Highlights
(Unless otherwise noted, all comparisons are relative to the fiscal first quarter 2014.)
- Registrar services revenue increased 12% to $42.0 million compared to $37.5 million primarily due to new gTLD registrations, improved performance by existing resellers and the continued onboarding of eNom wholesale partners.
- Registry services revenue increased to $1.6 million compared to $42 thousand.
- Aftermarket and other revenue was $7.3 million compared to $7.0 million.
- Total revenue increased 13% to $50.5 million compared to $44.6 million.
- Gain on other assets, net was $7.2 million representing the gain on withdrawals of its interest in gTLD applications during the period compared to $4.9 million.
- Net income was $1.9 million compared to a net loss of $3.9 million.
- Adjusted EBITDA was $0.6 million, compared to adjusted EBITDA of ($2.3 million).
Web.com (WWWW) continued its upward move, the stock was up close to 2% at $22.71.
Endurance Intl (EiGi) was up 4.5% and closed at $20.93.
| Minds + Machines Group… | MMX | 8.50 | +0.12 (1.49%) | |||||||
| Marchex, Inc. | MCHX | 4.90 | +0.75 (18.07%) | |||||||
| Web.com Group Inc | WWWW | 22.71 | +0.44 (1.98%) | |||||||
| Rightside Group Ltd | NAME | 8.64 | +0.13 (1.53%) | |||||||
| Centralnic Group PLC | CNIC | 35.00 | +1.50 (4.48%) | |||||||
| Google Inc | GOOG | 530.70 | +6.48 (1.24%) | |||||||
| Tucows Inc. (USA) | TCX | 17.57 | +0.04 (0.23%) | |||||||
| Verisign, Inc. | VRSN | 63.56 | +0.22 (0.35%) | |||||||
| Neustar Inc | NSR | 29.50 | -0.50 (-1.67%) | |||||||
| United Internet AG | UTDI | 39.51* | +0.51 (1.32%) | |||||||
| Endurance Intl. Group… | EIGI | 20.93 | +0.90 (4.49%) | |||||||
| Godaddy Inc | GDDY | 24.81 | +0.27 (1.10%) |
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Why was marchex up so much ? thx