Web.com jumps on EPS beat and guidance, strong user metrics

Web.com (WWWW +10.5%) shares jump after the company beat consensus on EPS and posted in-line revenue in Q3.

Investors were pleased by better-than-expected user metrics: subscribers increased 1% Q/Q to 3.088M, ARPU increased 1.7% Q/Q to $14.33, and monthly retention rate remained at ~99%.

Management guided for Q4 revenue of $138.7M-$139.7M (vs. consensus of $139.1M) and EPS of $0.57-$0.58 ($0.56).

Conference call (transcript)

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