GDDY - GoDaddy Inc. (GDDY) Q1 2024 Earnings Call Transcript
2024-05-02 21:34:02 ET
GoDaddy Inc. (GDDY)
Q1 2024 Earnings Conference Call
May 02, 2024 05:00 PM ET
Company Participants
Christie Masoner - Vice President, Investor Relations
Aman Bhutani - Chief Executive Officer
Mark McCaffrey - Chief Financial Officer
Conference Call Participants
Ygal Arounian - Citi
Mark Zgutowicz - Benchmark
Ken Wong - Oppenheimer
Josh Beck - Raymond James
Vikram Kesavabhotla - Baird
Aaron Kessler - Seaport
Jian Li - Evercore
Elizabeth Porter - Morgan Stanley
Trevor Young - Barclays
John Byun - Jefferies
Chris Kuntarich - UBS
Naved Khan - B. Riley
Alexei Gogolev - JPMorgan
Ygal Arounian - Citi
Presentation
Christie Masoner
Welcome to GoDaddy's First Quarter 2024 Earnings Call. Thank you for joining us. I'm Christie Masoner, Vice President of Investor Relations. And with me today are Aman Bhutani, Chief Executive Officer; and Mark McCaffrey, Chief Financial Officer. Following prepared remarks, we will open up the call for your questions. [Operator Instructions]
On today's call, we'll be referencing both GAAP and non-GAAP financial measures and other operating and business metrics. A discussion of why we use non-GAAP financial measures and reconciliations of our non-GAAP financial measures to their GAAP equivalents may be found in the presentation posted to our Investor Relations site at investors.goddady.net or in today's earnings release on our Form 8-K furnished at the SEC. Growth rates presented represent year-over-year comparisons, unless otherwise noted.
The matters we'll be discussing today include forward-looking statements such as those related to future financial results and our strategies or objectives with respect to future operations. These forward-looking statements are subject to risks and uncertainties that are discussed in detail in our periodic SEC filings.
Actual results may differ materially from those contained in forward-looking statements. Any forward-looking statements that we make on this call are based on assumptions as of today, May 2nd, 2024. And except to the extent required by law, we undertake no obligation to update these statements because of new information or future events.
With that, I'm pleased to introduce Aman.
Aman Bhutani
Good afternoon and thank you for joining us today. At GoDaddy, our mission is to empower everyday entrepreneurs and make opportunity more inclusive for all. Our strategy relentlessly focuses on creating customer value and successfully transitions it to shareholder value.
This is the driving force behind our profitable growth model that maximizes free cash flow. I am excited by the innovative experiences we are delivering for our customers, the dedication and velocity of execution of our teams and the trajectory those have created for our company.
At our Investor Day, we shared our updated three-year strategic framework and financial targets. As our Q1 results showcase, we are off to a strong start in 2024. In service of our North Star, we continue to expand our free cash flow meaningfully, delivering 26% free cash flow growth....
GoDaddy Inc. (GDDY) Q1 2024 Earnings Call Transcript