Verisign(VRSN)
Search documents
Verisign(VRSN) - 2024 Q2 - Quarterly Report
2024-07-25 20:34
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-23593 VERISIGN, INC. (Exact name of registrant as specified in its c ...
Verisign(VRSN) - 2024 Q2 - Quarterly Results
2024-07-25 20:08
Verisign Reports Second Quarter 2024 Results RESTON, VA - July 25, 2024 - VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today reported financial results for the second quarter of 2024. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $387 million for the second quarter of 2024, up 4.1 percent from the same quarter in 2023. Operating income was $266 million for the second quarter of 2024, compared to $249 million fo ...
VeriSign: Underfollowed Value Opportunity Yielding A 9.8% Return
Seeking Alpha· 2024-07-13 08:40
Source - Analyst's compilation VeriSign generates revenues by charging domain registrars a fee for each domain registered under the .com and the .net TLD. As of February 2024, VeriSign's fee for a .com TLD registration or renewal is $10.26, while the fee applied for registration and renewal of a .net TLD is $10.91. However, despite the monopolistic position of VeriSign, the firm doesn't have complete discretion on the prices it charges for its TLDs. Fees, and subsequent increases, are agreed upon with the I ...
VeriSign: Hasn't Been This Cheap Since 2018
seekingalpha.com· 2024-05-22 18:12
alengo/iStock via Getty Images How much would you be willing to pay a company with a free cash flow margin consistently above 50% and growing revenues for 16 years in a row? Probably a lot. What if I told you that the company in question has an NTM Market Cap / Free Cash Flow of only 18.65x? As you may have already guessed, this brief sketch refers to VeriSign (NASDAQ:VRSN), a well-known provider of domain name registry services. 33% far from its all-time high, investors seem to be less and less enthusiasti ...
VeriSign (VRSN) Q1 Earnings Up Y/Y, '24 Revenue View Tweaked
Zacks Investment Research· 2024-04-26 18:00
VeriSign (VRSN) reported first-quarter 2024 adjusted earnings per share (EPS) of $1.92. The company had reported EPS of $1.70 in the prior-year quarter.Revenues jumped 5.5% year over year to $384 million.Quarter in DetailsVRSN ended the reported quarter with 172.5 million .com and .net domain name registrations, down 1.3% year over year.The company processed 9.5 million new domain name registrations for .com and .net compared with 10.3 million in the year-ago quarter.The final .com and .net renewal rates fo ...
Verisign(VRSN) - 2024 Q1 - Earnings Call Transcript
2024-04-25 22:41
VeriSign, Inc. (NASDAQ:VRSN) Q1 2024 Results Conference Call April 25, 2024 4:30 PM ET David Atchley - VP of IR and Corporate Treasurer Jim Bidzos - Executive Chairman, President and CEO George Kilguss - EVP and CFO Rob Oliver - Baird Ygal Arounian - Citi Good day, everyone. Welcome to VeriSign's First Quarter 2024 Earnings Call. Today's conference is being recorded. Recording of this call is not permitted unless pre-authorized. At this time, I'd like to turn the conference over to Mr. David Atchley, Vice P ...
Verisign(VRSN) - 2024 Q1 - Quarterly Report
2024-04-25 20:33
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 000-23593 VERISIGN, INC. (Exact name of registrant as specified in its ...
Verisign(VRSN) - 2024 Q1 - Quarterly Results
2024-04-25 20:07
Verisign Reports First Quarter 2024 Results • Verisign ended the first quarter of 2024 with cash, cash equivalents and marketable securities of $925 million, a decrease of $2 million from year-end 2023. • Cash flow from operations was $257 million for the first quarter of 2024, compared to $259 million for the same quarter of 2023. • Deferred revenues as of March 31, 2024 totaled $1.28 billion, an increase of $39 million from year-end 2023. • During the first quarter of 2024, Verisign repurchased 1.3 millio ...
How to Play VeriSign (VRSN) Ahead of Q1 Earnings Release
Zacks Investment Research· 2024-04-22 19:46
VeriSign, Inc (VRSN) is set to report its first-quarter 2024 results on Apr 25, after the closing bell.The Zacks Consensus Estimate for first-quarter earnings and revenues is pegged at $1.84 per share and $388 million, suggesting increases of 8.2% and 6.5%, respectively, from the year-ago quarter’s reported figures.The company’s earnings beat the consensus estimate in all the last four quarters, the average beat being 4.8%.Factors to NoteVeriSign’s first-quarter earnings are expected to have benefited from ...
Why VeriSign (VRSN) Dipped More Than Broader Market Today
Zacks Investment Research· 2024-03-13 23:06
VeriSign (VRSN) ended the recent trading session at $191.17, demonstrating a -0.42% swing from the preceding day's closing price. The stock fell short of the S&P 500, which registered a loss of 0.19% for the day. On the other hand, the Dow registered a gain of 0.1%, and the technology-centric Nasdaq decreased by 0.54%.The internet infrastructure services provider's shares have seen a decrease of 1.3% over the last month, not keeping up with the Computer and Technology sector's gain of 2.36% and the S&P 500' ...