Aug 1 (Reuters) - Internet services provider GoDaddy ( GDDY )

raised forecast for fiscal 2024 revenue on Thursday, as

it sees robust demand for its services helped by a growing

number of businesses that are expanding their online presence.

Shares of the company rose around 8% in extended trading.

GoDaddy's ( GDDY ) clientele comprises primarily of small- and

medium-scale businesses that avail company's services spanning

from domains to online presence tools and payments.

Analysts at Citi refer to the Tempe, Arizona-based company

as more of an "essential one-stop-shop for micro businesses".

The company, in March, launched GoDaddy Airo, an AI-powered

solution designed to build and help grow businesses online.

GoDaddy ( GDDY ) expects fiscal 2024 revenue of $4.53 billion to

$4.57 billion, up from its prior forecast of between $4.50

billion and $4.56 billion.

For the third quarter, GoDaddy ( GDDY ) sees revenue in the range of

$1.13 billion to $1.15 billion, in line with analysts'

expectations, according to LSEG data.

GoDaddy ( GDDY ) reported revenue of $1.12 billion for the second

quarter ended June 30, beating analysts' average estimate of

$1.11 billion.

It reported net income of $146.3 million in the second

quarter, compared with $83.1 million, a year ago.

Total bookings in the quarter stood at $1.26 billion, up

10.6% from a year ago.