Web.com Reports First Quarter 2016 Financial Results

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Go back to Web.com Reports First Quarter 2016 Financial Results

RBC Capital Raises Price Target on Web.com Group (WEB) Following Solid 1Q; Reiterates Sector Perform

May 6, 2016 10:08 AM EDT

RBC Capital reiterated a Sector Perform rating on Web.com, Inc. (NASDAQ: WEB), and raised the price target to $24.00 (from $23.00), following the company's 1Q earnings report. Non-GAAP Revenue of $153.4MM came in just above Streets $151.1MM and at the high end of managements... More

Web.com Group (WEB) Tops Q1 EPS by 2c, Sales Miss

May 5, 2016 5:31 PM EDT

Web.com Group (NASDAQ: WEB) reported Q1 EPS of $0.63, $0.02 better than the analyst estimate of $0.61. Revenue for the quarter came in at $144.8 million versus the consensus estimate of $152.28 million.

Web.com reported strong first quarter results that were driven by solid performance in our... More