Team Internet says revenue beat estimates
Kevin Murphy,
January 29, 2024, 15:29:50 (UTC),
Domain Registries
Team Internet gave a preview of its 2023 earnings report this morning, saying that revenue grew faster than its own targets and analysts’ estimates.
The company, formerly CentraNic, expects to post revenue around $835 million, up 15% on 2022, and profit up 12% at $96 million for the year.
The firm’s Online Presence segment, which includes the domains business, had revenue up 16% at $179 million, while the far larger Online Marketing segment saw revenue up 14% at $656 million.
Team Internet will report its full results on March 18.
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Hope the staff are getting their fair dues and being given bonuses.