GoDaddy (GDDY) projected a 6% to 8% annual growth in revenue from 2024 to 2026. In a statement today, the company anticipates generating a minimum of $4.5 billion in cumulative free cash flow over the three-year period until 2026.
Following this announcement, GoDaddy shares experienced a 2% increase in recent trading, that was briefly halted at 2:41 pm ET and resumed at 3 pm.
Today is GoDaddy Investor Day 2024; presentations include live demos 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, according to GoDaddy.
