GoDaddy (GDDY) Falls in After-Hours Trading Following Earnings Release

NEW YORK (TheStreet) -- GoDaddy (GDDY) shares are down 1.94% to $26.25 in after-hours trading on Tuesday after the web domain service operator reported its first quarter financial results after the closing bell today.

Today's results are the first quarterly report the company has released since it went public in April.

The Scottsdale, AZ-based company reported first quarter revenue that grew 17.5% over the previous year to $376.3 million as total bookings increased 13.7% year over year, ahead of analysts' $374.3 million expectations.

For the current quarter the company forecast revenue between $390 and $395 million, in line with analysts' $390.1 million expectations.

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