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Endurance's revenue rises 17 pct on higher subscribers

Tuesday, 25 Feb 2014 | 5:27 PM ET

Feb 25 (Reuters) - Endurance International Group Holdings Inc, which provides Internet domain names, reported a 17 percent rise in quarterly revenue, helped by an increase in subscribers.

The company's shares rose as much as 16 percent to $16.11 in trading after the bell.

Net loss attributable to Endurance fell to $67.5 million, or 57 cents per share, in the fourth quarter from $72.6 million, or 75 cents per share, a year earlier.

Revenue rose 17 percent to $136.4 million in the quarter ended Dec. 31.

The company said total subscribers rose 8.7 percent to about 3.5 million as of Dec. 31.

(Reporting by Sampad Patnaik in Bangalore; Editing by Savio D'Souza)