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Endurance revenue jumps on subscriber additions; shares rise

26
Feb
2014

(Reuters) – Endurance International Group Holdings Inc, a provider of internet domain names, reported a 17 percent rise in quarterly revenue as the company added more subscribers, sending its shares up 16 percent after the bell. Endurance owns several brands that offer services including website design and hosting, domain name registry and e-commerce tools to small businesses. Endurance also forecast adjusted revenue of $145-147 million for the first quarter. Endurance’s net loss in the fourth quarter narrowed to $67.5 million, or 57 cents per share, from $72.6 million, or 75 cents per share, a year earlier.

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