Why Endurance International Group Stock Was Soaring Today
Shares of Endurance International Group (NASDAQ: EIGI) were climbing today after the cloud-based provider of services like website building and email marketing for small and medium-sized businesses posted a preliminary earnings report that topped expectations. As of 11:54 a.m. EDT, the stock was up 20.3%. In its preliminary results, Endurance posted revenue of $274 million, up 1% from a year ago adjusting for the impact of the SinglePlatform sale.
