GoDaddy Forecasts Revenue Below Street Estimates

GoDaddy on Tuesday forecast annual revenue of $5.20 billion to $5.28 billion, below analysts' average estimate of $5.29 billion, citing slower adoption of its AI tools and weaker customer acquisition. For the quarter ended Dec. 31 it reported revenue of $1.27 billion and earnings of $1.80 per share, and its shares fell more than 6% in extended trading.