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Verisign reports Q3 earnings revenue of $318 million for Q3 2020, up 3.1 percent from Q3 2019

October 22, 2020 by Raymond Hackney

VeriSign (NASDAQ:VRSN): reported earnings for Q3. Stock unchanged after hours. Q3 Non-GAAP EPS of $1.28 misses by $0.07; GAAP EPS of $1.49 beats by $0.23. Revenue of $317.8M (+3.0% Y/Y) beats by $1.73M. Financial Highlights Verisign ended the third quarter of 2020 with cash, cash equivalents and marketable securities of $1.15 billion, a decrease of $68 million from the end of … [Read more...]

GoDaddy reports Q1 2020 Earnings – Revenue up 12%

May 6, 2020 by Raymond Hackney

GoDaddy (NYSE:GDDY) reported their first quarter earnings, Revenues up 12%; Operating Cash Flow up 17% and uFCF up 18%. The stock is up in after hours trading -After hours 72.21 +2.21 (3.16%) during the day it was up 2%. 70.00 USD +1.38 (2.01%) Here is a look at the full release: SCOTTSDALE, Ariz., May 6, 2020 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY), the company that empowers … [Read more...]

Verisign reports Q1 2020 earnings Revenue up 2%

April 23, 2020 by Raymond Hackney

Verisign, Inc ((NASDAQ: VRSN) reported first quarter 2020 earnings. Financial Highlights Verisign ended the first quarter of 2020 with cash, cash equivalents and marketable securities of $1.14 billion, a decrease of $79 million from the end of 2019.Cash flow from operating activities was $180 million for the first quarter of 2020, compared to $187 million for the same quarter in … [Read more...]

Motley Fool contributor looking for Tucows to bounce back

February 24, 2020 by Raymond Hackney

Tucows (TSX:TC)(NASDAQ:TCX) got a write up on Motley Fool by Joey Frenette. While calling the domain business "boring" Frenette mentioned that he liked Tucows to bounce back. The stock was down 5.2% today 52-wk high90.2152-wk low45.01 From the article: Consider Tucows (TSX:TC)(NASDAQ:TCX), a Canadian IT services and telecom company that’s a cash cow of a business with encouraging … [Read more...]

GoDaddy reports Q4 and full year 2019 results

February 13, 2020 by Raymond Hackney

GoDaddy (NYSE:GDDY) reported earnings after the close today. After hours stock moving up 74.15 +3.28 (4.63%) The company made news on Tuesday with the announcement of their acquisition of Name Administration Inc. and Uniregistry. That deal will close in Q2 which normally gets reported in the first couple days of August. The acquisition was mentioned under business highlights in this … [Read more...]

ArsTechnica covers the Verisign proposed price hike

February 11, 2020 by Raymond Hackney

The backlash over Verisign raising prices was picked up by a publication outside the domain industry. ArsTechnica.com published a piece today that highlighted the concerns from registrars. The article discussed the potential for Verisign to make an additional $500 million per year. It also honed in on price caps. From the article: While ICANN has eliminated price caps on .org and most … [Read more...]

After missing on earnings Verisign stock off over 5% today

February 7, 2020 by Raymond Hackney

VeriSign (VRSN) came out with quarterly earnings of $1.31 per share, they missed on Zacks Consensus Estimate of $1.34 per share. Last year they had earnings of $1.58 per share a year. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -2.24%. A quarter ago, it was expected that this internet infrastructure services provider would … [Read more...]

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