Verisign (NASDAQ: VRSN) released Q3 2021 earnings. Q3 GAAP EPS of $1.40 beats by $0.03. Stock virtually unchanged in after hours trading. Release: VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $334 million for the third quarter of 2021, up 5.1 percent from the same quarter in 2020. Verisign reported net income of $157 million and diluted earnings per share (diluted … [Read more...]
Verisign reports First Quarter 2021 Results
Verisign VRSN (NASDAQ) reported earnings after the close. The final .com and .net renewal rate for the fourth quarter of 2020 was 73.5 percent compared to 73.8 percent for the same quarter in 2019. Financial Highlights Verisign ended the first quarter of 2021 with cash, cash equivalents and marketable securities of $1.18 billion, an increase of $14 million from the end of 2020.Cash flows … [Read more...]
GoDaddy making moves on the registry side acquiring .club and others
Big news on the registry side of the business. GoDaddy is acquiring .Club, .design and 28 extensions from Minds + Machines Group Limited (MMX). .Club has seen a lot of press lately due to Clubhouse and people registering .club domain names for their club on the app. Full release here GoDaddy Registry, one of the world's largest domain registry providers, today announced that it is acquiring … [Read more...]
ICANN says no sale on .org
Miracles do happen ICANN get's it right on Dot Org The ICANN board announced that Ethos Capital will not acquire the PIR Registry. Today, the ICANN Board made the decision to reject the proposed change of control and entity conversion request that Public Interest Registry (PIR) submitted to ICANN. Full announcement Today, the ICANN Board made the decision to reject the proposed change … [Read more...]
Radix Temporarily Waives Off Domain Restoration Fee
Radix (an advertiser here) is temporarily waiving the restore fee on all their strings. This is being supported by 75 registrars who have enrolled in the program. Here is the full release In an effort to reduce customer burden on domain-related spending during current market conditions, we are supporting a temporary waiver on the Restore Fee for all Radix TLDs. This waiver is in effect … [Read more...]
GoDaddy buying Neustar’s registry business
GoDaddy (NYSE: GDDY), announced they will acquire the registry business of Neustar. The company shares were up 12.96% in regular trading. GDDYGoDaddy Inc.58.82+6.75+12.96% Back when GoDaddy withdrew their appliaction for .home they noted: It was noted that it was withdrawing its applications to focus on its core registrar business, thereby removing competition with competitive … [Read more...]
Verisign reports earnings, com/net renewals were 75% in Q2
Verisign reported earnings for third quarter 2018, revenue was $306 million for the third quarter of 2018, up 4.6 percent from the same quarter in 2017. Verisign reported net income of $138 million and diluted earnings per share (diluted “EPS”) of $1.13 for the third quarter of 2018, compared to net income of $115 million and diluted EPS of $0.93 for the same quarter in 2017. The operating … [Read more...]