BWS Financial Comments on Web.com Group's ARPU

In a research report published today, BWS Financial said Web.com

has been taking steps to increase ARPU following last month's first quarter results. According to BWS Financial, "The momentum from subscriber growth in the first quarter should provide WWWW with the ability to report sequentially improving second quarter number. The scale of the subscriber base, and the ability for WWWW to offer different services, provides the Company with the ability to be aggressive with domain registration. The promotion for domain registration to existing customers would be an ARPU event in itself." BWS Financial currently has a Buy rating and $27 PT on WWWW, which closed yesterday at $16.20.