Key Summary: Starboard (7.8%) expressed disappointment in the company's performance on Sep 12, 2023, suggesting expense reduction and aiming for 40% growth + profitability by end 2024; On Jan 31, 2024, Starboard (6%) urged targeting 40% growth + profitability for FY2025, with potential for free cash flow/share to reach $9.00 (FY2024) and $14.00 (FY2026).
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Starboard Voices Concerns about GoDaddy's…
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Key Summary: Starboard (7.8%) expressed disappointment in the company's performance on Sep 12, 2023, suggesting expense reduction and aiming for 40% growth + profitability by end 2024; On Jan 31, 2024, Starboard (6%) urged targeting 40% growth + profitability for FY2025, with potential for free cash flow/share to reach $9.00 (FY2024) and $14.00 (FY2026).