EXHIBIT 99.1            


Web.com Reports First Quarter 2017 Financial Results

Executing on strategic plan and generating strong financial performance exceeding revenue and profitability guidance
Generated $33.2 million of operating cash flow up from $14.5 million in the prior year
Closed on DonWeb.com acquisition

JACKSONVILLE, Fla. - May 4, 2017 -
Web.com Group, Inc. (NASDAQ: WEB), a leading provider of Internet services and online marketing solutions for small businesses, today announced results for the first quarter ended March 31, 2017.

“Web.com reported a strong start to the year with solid operating results exceeding our guidance on revenue and profitability. Our first quarter performance is a reflection of the significant progress we have made carrying out our strategy, and we remain confident in our goal of reaccelerating growth in the second half of the year," said David L. Brown, chairman, chief executive officer and president of Web.com.

Brown added, "Our focus is on completing the final steps of the Yodle integration while continuing to invest in the growth areas of our business. On that front, we are pleased with the continued growth at Web Brand Networks, our franchise and multi-location channel, and the results we are seeing with our initiatives around Leads by Web, our lead generation solution, and Torchx, our new real estate vertical market solution. Realizing our long term growth and profitability goals will increase our already significant free cash flow and enable us to continue to delever, repurchase shares and invest for growth."

Summary of First Quarter 2017 Financial Results:

Total revenue, calculated in accordance with U.S. generally accepted accounting principles (GAAP), was $185.1 million for the first quarter of 2017, compared to $144.8 million for the first quarter of 2016. Non-GAAP revenue was $186.8 million for the first quarter of 2017, compared to $153.4 million in the year-ago quarter. Results exceeded both GAAP and non-GAAP revenue guidance of $179.6 to $182.6 million and $181 to $184 million, respectively. The year over year increase in revenue is primarily due to a full quarter of Yodle ownership in the first quarter of 2017 compared to the first quarter of 2016 where Yodle was not owned for the full quarter.

GAAP operating income was $20.5 million for the first quarter of 2017, representing a 11% GAAP operating margin, compared to $6.9 million, representing a 5% GAAP operating margin, for the first quarter of 2016. Non-GAAP operating income was $41.6 million for the first quarter of 2017, representing a 22% non-GAAP operating margin, compared to $35.1 million for the first quarter of 2016, representing a 23% non-GAAP operating margin.

GAAP net income was $6.5 million, or $0.13 per diluted share, for the first quarter of 2017, representing a 4% GAAP net income margin. GAAP net income was $0.3 million, or $0.01 per diluted share, for the first quarter of 2016, representing a 0% GAAP net income margin.




The following information was filed by Web.Com Group, Inc. (WEB) on Thursday, May 4, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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