Web.com Group (NASDAQ: WEB) reported Q1 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $144.8 million versus the consensus estimate of $152.28 million.

“Web.com reported strong first quarter results that were driven by solid performance in our value added digital marketing solutions. The acquisition of Yodle during the quarter was a major milestone for the Company that significantly enhances the value our technology and services can deliver for small businesses," said David L. Brown, chairman, chief executive officer and president of Web.com.

Brown added, "Our increased focus and scale in the value added services market positions us well to drive improved revenue growth over time. Increasing revenue growth combined with a meaningful opportunity for margin expansion and strong free cash flow provides Web.com with the flexibility to pursue multiple avenues to generate long-term shareholder value with a near term focus on deleveraging."

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