Web.com Group (WWWW) Announces Quarterly Earnings, Beats Expectations By $0.02 EPS
Web.com Group (NASDAQ:WWWW) posted its quarterly earnings results on Thursday. The company reported $0.59 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.57 by $0.02, Stock Ratings News reports. The company had revenue of $131.10 million for the quarter, compared to the consensus estimate of $139.47 million.
Shares of Web.com Group (NASDAQ:WWWW) traded up 3.20% on Thursday, hitting $32.56. The stock had a trading volume of 973,950 shares. Web.com Group has a one year low of $15.58 and a one year high of $34.40. The stock’s 50-day moving average is $31.83 and its 200-day moving average is $29.64. The company’s market cap is $1.603 billion.
Web.com Group, Inc (NASDAQ:WWWW) is a provider of a line of Internet services for small- to medium-sized businesses (SMBs).
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