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CentralNic agrees sale of premium domain names

By BFN News | 07:50 AM | Tuesday 07 November, 2017


CentralNic Group has agreed to sell a number of premium domain names for $3.4m in cash. It said it would use the proceeds to further accelerate growth within the group. Chief executive Ben Crawford said: 'Management's primary focus remains on growing CentralNic's recurring revenue base and, therefore, premium domain name sales are expected to continue the trend of contibuting a decreasing proportion of the Group's revenues from 2018.' Story provided by StockMarketWire.com

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