05-11-2015 00:03 via uk.news.yahoo.com

GoDaddy expects to be profitable in the fourth quarter

Web-hosting company GoDaddy Inc reported a narrower-than-expected quarterly loss, helped by a jump in revenue in its international markets, and said it expected to be profitable in the fourth quarter. GoDaddy, which manages more than 61 million Internet domains - or about 20 percent of the world's total - has been investing heavily to expand into new markets. The company plans to be in the greater Asia region by the end of 2016, including China, Indonesia and Vietnam, Chief Financial Officer Sco
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