Web.com Reports Q4 EPS of $0.24 vs. $0.12

Web.com Group, Inc.

today announced results for the fourth quarter and full year ended December 31, 2010. Non-GAAP revenue, which adds back the impact of the fair value adjustment to acquired deferred revenue, was $45.0 million for the fourth quarter of 2010, at the high-end of the company's guidance of $44.0 million to $45.0 million. Non-GAAP net income from continuing operations was $6.6 million, or $0.24 per diluted share, for the fourth quarter of 2010, which was above the company's guidance of $0.16 to $0.17 per diluted share.