Investing.com -- GoDaddy (NYSE: GDDY) shares plunged more than 16% following its quarterly results on July 30, despite revenue landing above the midpoint of guidance and free cash flow rising 13% in the period. "We focus on what we can control: executing with discipline and delivering for our customers, in service of our North Star of maximizing free cash flow over the long term," McCaffrey said. Free cash flow rose to $443.5 million in the quarter and normalized EBITDA margin expanded to 33%. The company narrowed full-year revenue guidance to between $5.215 billion and $5.255 billion and reaffirmed its free cash flow target of roughly $1.8 billion. Airo users skew higher on that measure, with more than 70% holding two or more products.