VeriSign, Inc. (VRSN), the registry for .Com and .Net reported its financial results for the second quarter of 2014 after the market closed today and lets face it .com and net growth are basically stalled. VeriSign, Inc. reported revenue of $250 million for the second quarter of 2014, up 4.6% from the same quarter in 2013. Verisign reported net income of $100 million and diluted earnings … [Read more...]
Verisign Downgraded By Wells Fargo: Growth Is Slowing Due To New gTLD’s & Could Get Worse
TheStreet.com is reporting that Wells Fargo analyst Gray Powell downgraded Verisign (VRSN) today writing: VeriSign's domain name growth appears to be falling a bit lower than the midpoint of second quarter expectations and competition from new gTLDs could be influencing overall growth to some degree. "The company is tracking toward about 400K domain name additions in the upcoming quarter, … [Read more...]
Shocking: Verisign Backed Study Shows 80% Of Small Businesses Prefer .Com over New gTLD’s
The results of a survey of small- and medium-sized (SMB) business … [Read more...]
Verisign Reports: Revenue up 5%; There are 128.5 Million .Com & .Nets As of March 31
; VeriSign, Inc. (NASDAQ: VRSN), today reported financial results for the first quarter of 2014, reporting revenue of $249 million for the first quarter of 2014, up 5% from the same quarter in 2013. Verisign reported net income of $94 million and diluted earnings per share (EPS) of $0.64 for the first quarter of 2014, compared to net income of $85 million and diluted EPS of $0.52 in the same … [Read more...]
.Com Passes 113 Million Registrations
According to Verisign.com, the operator of the .Com registry the number of .Com domain names just broke the 113 Million mark for the first time. The official number at the last Verisign update was 113,002,815. According to ntldstats.com/tld the number of new gTLD registrations are over 332,000 … [Read more...]
Stock Analysis firm Trefis On Verisign: Risk Is ccTLD’s; Doesn’t Mention new gTLD’s
Stock Analysis firm Trefis had some interesting comments on Verisign in a note entitled "Drop In Verisign Shares Highlights Risks Associated With Domain Business" The note went on to say that the biggest risk to the Verisign business is growth in ccTLD domain names. Trefis didn't mention the new gTLD's at all. It would be one thing to mention new gTLD's and then conclude that the wouldn't … [Read more...]
Verisign Issues Statement On ICANN’s Move & Is Down Over 5% In Pre-market
VeriSign, Inc. VRSN today provided a statement on the National Telecommunications and Information Administration's (NTIA) announcement of its intent to transition key Internet domain name functions. Verisign shares are down over 5% in pre-market activity trading at just over $52 a share. Here is Verisign's announcement: ""The announcement by NTIA on Friday, March 14, 2014, does not affect … [Read more...]