GoDaddy's first-quarter revenue misses estimates

(Reuters) - Web-hosting company GoDaddy Inc forecast first-quarter revenue largely below analysts' estimates, citing a strong dollar. The weak outlook overshadowed stronger-than-expected fourth-quarter results that were driven by higher demand for the company's domain registration and Web hosting services. GoDaddy, which manages about 62 million Internet domains or about 20 percent of the world's total, has been investing heavily to expand into new markets.