Monday , August 15 2022

CentralNic sees 51% growth in Q1

CentralNic says it expects to report first-quarter growth of 51% and that its 2022 performance is likely to exceed expectations.

The company, which acts as registry and registrar but now makes most of its money from domain monetization, said it expects Q1 revenue to come in at about $156 million, with and adjusted EBITDA of about 18 million.

The gains are largely driven by its online marketing segment, CentralNic said in a statement to the markets this morning.

The company said in January that its 2021 annual revenue growth was 37%.

The post CentralNic sees 51% growth in Q1 first appeared on Domain Incite.

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