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...]
Verisign 2020 Q2 DNIB shows an increases of 3.3 million domain name registrations
Verisign VRSN (NASDAQ) released their second quarter Domain Name Industry Brief. Domain Name Industry Brief, which shows that the second quarter of 2020 closed with 370.1 million domain name registrations across all top-level domains (TLDs), an increase of 3.3 million domain name registrations, or 0.9 percent, compared to the first quarter of 2020. Domain name registrations have grown by 15.3 … [Read more...]
Verisign Q2 2020 revenue of $314 million up 2.6 percent from Q2 2019
VeriSign Inc. (NASDAQ: VRSN) on Thursday reported second-quarter net income of $152.5 million. Stock was virtually unchanged on Thursday. VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $314 million for the second quarter of 2020, up 2.6 percent from the same quarter in 2019. Verisign reported net income of $152 million and diluted earnings per share (diluted “EPS”) of$1.32 … [Read more...]
Verisign reports Q1 2020 earnings Revenue up 2%
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...]
Verisign Q4 2019 DNIB: New .com and .net domain name registrations totaled 10.3 million at the end of the fourth quarter of 2019
Verisign (NASDAQ - VRSN) released their Q4 2019 Domain Name Industry Brief. The report shows 362.3 Million Domain Name Registrations In The Fourth Quarter Of 2019 From the report: The .com and .net TLDs had a combined total of 158.8 million domain name registrations in the domain name base3 at the end of the fourth quarter of 2019, an increase of 1.5 million domain name registrations, … [Read more...]
ArsTechnica covers the Verisign proposed price hike
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
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...]
