Sedo adjusts earnings guidance down, but there’s a silver lining for domain parkers
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Release time:2012-06-12
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Browse:3868
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Sedo paying out more to top domain parking clients.
Sedo Holding has lowered its earnings forecast for the current year due to “confirming margin development in Domain Marketing in the second quarter 2012.”
While this may seem like a bad thing, there’s a silver lining for some of Sedo’s larger domain parking clients. When asked for comment, Sedo.com CEO Tobias Flaitz told Domain Name Wire:
Sedo Holding AG is the publicly traded parent company of Sedo and our sister company affilinet. Sedo Holding’s update indicates an adjustment of the expected earnings for 2012 to fit in line with current economic trends and a Sedo initiative to provide a higher payout to valuable customers. The combination of Sedo’s highly professional domain parking and trading offers gives domain owners the optimum possibility to monetize best and participate in market trends. With several months of consecutive growth, and record high domain prices in March 2012, the forecast is still very positive.
If a parking company’s earnings forecast is adjusted downward in part because it’s paying out more to its most valuable clients, that may be a good thing for some Domain Name Wire readers…
Source from http://domainnamewire.comAbout Eranet
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