GoDaddy (NYSE: GDDY) reported Q2 EPS of $0.10, $0.09 better than the analyst estimate of $0.01. Revenue for the quarter came in at $557.8 million versus the consensus estimate of $551.29 million.

GUIDANCE:

GoDaddy sees Q3 2017 revenue of $577-582 million, versus the consensus of $575.3 million.

GoDaddy sees FY2017 revenue of $2.21-2.225 million, versus the consensus of $2.21 million.

Business Outlook

For the third quarter ending September 30, 2017, GoDaddy expects total revenue in the range of $577 to $582 million including HEG. For the full year ending December 31, 2017, GoDaddy raised its revenue expectations to a range of $2.215 to $2.225 billion, representing approximately 20% growth at the midpoint.

For the full year 2017, GoDaddy raised its unlevered free cash flow expectations to a range of $475 to $485 million, representing approximately 35% growth at the midpoint versus the approximately $357 million in unlevered free cash flow generated in 2016.

Assuming continued organic growth in 2018, along with one incremental quarter of contribution from HEG, and expected acquisition synergies, GoDaddy expects unlevered free cash flow of $600 million next year.

Highlights:

• Total revenue of $557.8 million, up 22.3% year over year, or 23.5% on a constant currency basis.
• Total bookings of $667.5 million, up 23.9% year over year, or 25.8% on a constant currency basis.
• Net cash provided by operating activities of $113.3 million, up 22.6% year over year.
• Unlevered free cash flow of $135.0 million, up 60.9% year over year, and up 35.0% in the first half of 2017 vs. 2016.
• Customers were nearly 17 million at quarter end, up 17.8% year over year, including HEG customers of over 1.6 million.
• Average revenue per user (ARPU) of $129, up 2.8% year over year, and organic ARPU of $132, up 5.9% year over year.
• Domains revenue of $263.3 million, up 14.6% year over year.
• Hosting and Presence revenue of $214.9 million, up 28.3% year over year.
• Business Applications revenue of $79.6 million, up 35.1% year over year.
• International revenue of $187.7 million, up 56.7% year over year, or 61.2% on a constant currency basis.

For earnings history and earnings-related data on GoDaddy (GDDY) click here.