Market Overview

Recap: VeriSign Q2 Earnings

Share:

Shares of VeriSign (NASDAQ:VRSN) were flat in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 0.75% over the past year to $1.32, which were in line with the estimate of $1.32.

Revenue of $314,365,000 higher by 2.64% from the same period last year, which beat the estimate of $312,650,000.

Looking Ahead

VeriSign hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Jul 23, 2020

Time: 04:30 PM

ET Webcast URL: https://globalmeet.webcasts.com/starthere.jsp?ei=1327603&tp_key=a63e921b29

Recent Stock Performance

52-week high: $221.30

52-week low: $148.77

Price action over last quarter: down 3.13%

Company Profile

VeriSign is the sole authorized registry for several generic top-level domains, including the widely utilized .com and .net top-level domains. Additionally, the company operates two of the world's 13 root servers that are used to route Internet traffic. In 2018, the firm sold off its security services business, signaling a renewed focus on the core registry business. VeriSign generates about 60% of its sales from the United States.

 

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Posted-In: Earnings