Core Viewpoint - Berkshire Hathaway sold one-third of its holdings in VeriSign, involving 4.3 million shares for approximately $1.23 billion, achieving over five times return since acquiring the shares in 2012 [2][3]. Summary by Sections Sale Details - The sale was executed at a price of $285 per share, which is a 6.9% discount compared to the closing price of $305.98 on the previous trading day [2]. - Following the sale, Berkshire's ownership in VeriSign will decrease from 14.2% to 9.6% [2][3]. Investment Performance - Since acquiring VeriSign in 2012, when the stock price was as low as $49.5 per share, Berkshire has realized a return exceeding five times its initial investment [3]. Regulatory Implications - Post-transaction, Berkshire's stake in VeriSign falls below 10%, exempting it from stricter reporting obligations imposed by the SEC on major shareholders [3]. - The remaining shares held by Berkshire will be subject to a one-year lock-up period [3].

Core Viewpoint - Berkshire Hathaway, led by Warren Buffett, has sold approximately one-third of its stake in technology stock VeriSign for about $1.23 billion, reducing its ownership from 14.2% to 9.6% to avoid stricter SEC reporting obligations [1][4]. Group 1: Transaction Details - The sale involved 4.3 million shares at a price of $285 per share, which is a 6.9% discount from the previous closing price of $305.98 [1]. - Following the sale, VeriSign's stock price dropped nearly 7% in after-hours trading, reversing a strong performance that saw the stock rise nearly 48% year-to-date [1]. Group 2: Investment Background - Berkshire Hathaway's investment in VeriSign began in 2012 when the stock price was only $49.50, indicating a return of over five times on the sold shares [4]. - Despite being a net seller of the stock for ten consecutive quarters up to March 2023, Berkshire had increased its holdings in VeriSign as recently as January of this year [4]. Group 3: Lock-Up Period - The remaining shares held by Berkshire will be subject to a one-year lock-up period, preventing any further large-scale sales in the short term [3].

Group 1 - Berkshire Hathaway, led by Warren Buffett, is seeking to sell its stake in Verisign at a discount rate of up to 6.9% [1] - The company is considering selling 4.3 million shares of Verisign at a price range of $285 to $290 per share [1] - The potential cash-out from this transaction could amount to up to $1.25 billion [1]

Group 1: Hong Kong Stock Market Highlights - New China Life Insurance (01336) rose over 5%, reaching a historical high, while China Life (2628.HK) increased by 4.4%, AIA (1299.HK) by 3.5%, and China Pacific Insurance (2601.HK) by nearly 2% following the release of the 2Q25 predetermined interest rate of 1.99% by the insurance industry association [1] - Heng Rui Pharmaceutical (1276.HK) opened up 10.65% after announcing a global exclusive licensing agreement with GSK for the HRS-9821 project, excluding mainland China and certain regions [1] - Guangshen Railway (00525.HK) saw a peak increase of over 9% after signing a cooperation agreement for the Guangzhou East Station renovation project, with a total investment of approximately 16.66 billion yuan [1] Group 2: Other Notable Stock Movements - MicroPort Medical (00853.HK) surged over 8% as major shareholders agreed to sell a total of 291 million shares to various buyers, including funds under Shanghai Industrial Capital [2] - China Tobacco Hong Kong (06055.HK) rose over 5% following the release of a draft management regulation for domestic duty-free tobacco products by the National Tobacco Monopoly Administration [2] - Shenghua Land (08106) saw its stock price soar over 200% after a share acquisition agreement was reached [2] - Jiufang Zhitu Holdings (09636) increased over 10% after announcing a profit forecast for the first half of the year, expecting a net profit of 830 to 870 million yuan, a turnaround from a net loss of 174 million yuan in the same period last year [2] - Lianlian Digital (02598) rose over 7% as a report highlighted the significant role of third-party payment institutions in cross-border and multi-currency settlement services [2] Group 3: Macau Gaming Sector Performance - Gaming stocks saw a general increase, with Amax Holdings (00880) up 10.39%, Melco International Development (00200) up 5.64%, and Sands China (01928) up 3.25%. UBS reported that the average daily gaming revenue in Macau for the past week was 657 million patacas, a slight decline due to typhoon impacts, but still showing a year-on-year growth of approximately 14% [3] Group 4: US Stock Market Highlights - AMD (AMD.US) rose 2.68% as it achieved a 50% market share in the server CPU market, matching Intel for the first time [4] - Newmont Corporation (NEM.US) increased by 6.89%, reporting a second-quarter earnings per share of $1.85, up from 73 cents year-on-year [5] - Berkshire Hathaway's holding Verisign (VRSN.US) rose 6.67% despite Q2 revenue falling short of market expectations, as the company raised its full-year revenue guidance [5] - Tesla (TSLA.US) increased by 3.52% with plans to launch Robotaxi services in San Francisco [6]

Financial Data and Key Metrics Changes - VeriSign generated $410 million in revenue for Q2 2025, reflecting a 5.9% increase year-over-year [11] - Operating expenses totaled $129 million, down from $131 million in the previous quarter and up from $121 million a year ago [11] - Net income for the quarter was $207 million, consistent with the previous quarter and the same quarter last year [11] - Diluted earnings per share increased to $2.21 from $2.10 in the last quarter and $2.01 a year ago [11] - Free cash flow was $195 million, compared to $160 million in the previous quarter and $151 million a year ago [12] Business Line Data and Key Metrics Changes - The domain name base for .com and .net reached 170.5 million, an increase of 660,000 from the previous quarter [6] - New registrations for Q2 totaled 10.4 million, up from 10.1 million last quarter and 9.2 million a year ago [6] - The renewal rate for 2025 is expected to be 75.5%, an increase from 72.7% a year ago [6][21] Market Data and Key Metrics Changes - All geographic regions showed year-over-year improvement in new registrations and renewal rates, with Asia Pacific showing particular strength [7] - Registrars are increasingly focusing on customer acquisition, contributing to improved demand for domain names [20] Company Strategy and Development Direction - The company is adapting its marketing programs to engage a diverse registrar channel, aiming for broader engagement [13][30] - VeriSign's mission remains focused on providing critical Internet infrastructure with 100% availability and security [15] - The company plans to continue paying quarterly dividends, subject to market conditions and board approval [9] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism regarding improving trends in domain name registrations, while acknowledging economic and geopolitical uncertainties [7][22] - The company has incorporated conservatism into its forecasts, reflecting ongoing monitoring of market conditions [25] Other Important Information - VeriSign has $594 million in cash, cash equivalents, and marketable securities at the end of the quarter [8] - The Board of Directors has authorized an increase in share repurchase to a total of $1.5 billion [9] Q&A Session Summary Question: What are the drivers for the domain strength? - Management noted a refocus on new customer acquisition by registrars and engagement with marketing programs as key drivers [20] Question: Is the strength in Asia Pacific due to better economy or marketing programs? - Management indicated that both factors are contributing, with solid demand observed in the region [24] Question: How are marketing programs influencing registrar strategies? - Management clarified that marketing programs are accelerating demand, while registrars are also focusing on new customer acquisition [29] Question: Any updates on new domain options and the impact of AI? - Management confirmed that ICANN plans to open applications for new GTLDs in Q2 next year and expressed optimism about AI's potential benefits for domain names [40][44]

VeriSign (VRSN) Q2 2025 Earnings Call July 24, 2025 04:30 PM ET Speaker0Day, everyone. Welcome to VeriSign's Second Quarter twenty twenty five Earnings Call. Today's conference is being recorded. Recording of this call is not permitted unless preauthorized. At this time, I would like to turn the conference over to Mr.David Atchley, Vice President of Investor Relations and Corporate Treasurer. Please go ahead, sir.Speaker1Thank you, operator. Welcome to VeriSign's second quarter twenty twenty five earnings c ...

[PART I—FINANCIAL INFORMATION](index=3&type=section&id=PART%20I%E2%80%94FINANCIAL%20INFORMATION) [ITEM 1. FINANCIAL STATEMENTS](index=3&type=section&id=ITEM%201.%20FINANCIAL%20STATEMENTS) Verisign's unaudited condensed consolidated financial statements, including balance sheets, income, deficit, and cash flows, are presented [Condensed Consolidated Balance Sheets](index=3&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) This section presents the company's financial position, detailing assets, liabilities, and stockholders' deficit for the reported periods Condensed Consolidated Balance Sheets (June 30, 2025 vs. December 31, 2024) | Metric (in millions) | June 30, 2025 | December 31, 2024 | | :------------------- | :------------ | :---------------- | | **ASSETS** | | | | Cash and cash equivalents | $314.3 | $206.7 | | Marketable securities | $279.5 | $393.2 | | Total current assets | $682.3 | $663.8 | | Total assets | $1,407.8 | $1,406.5 | | **LIABILITIES AND STOCKHOLDERS' DEFICIT** | | | | Deferred revenues (current) | $1,034.3 | $973.5 | | Current senior notes | — | $299.8 | | Total current liabilities | $1,259.6 | $1,531.1 | | Long-term senior notes | $1,786.9 | $1,492.5 | | Total liabilities | $3,401.6 | $3,364.4 | | Total stockholders' deficit | $(1,993.8) | $(1,957.9) | | Total liabilities and stockholders' deficit | $1,407.8 | $1,406.5 | - Cash and cash equivalents increased by **$107.6 million** from December 31, 2024, to June 30, 2025, while marketable securities decreased by **$113.7 million**[10](index=10&type=chunk) - Current senior notes were fully repaid by June 30, 2025, while long-term senior notes increased by **$294.4 million**, reflecting new debt issuance[10](index=10&type=chunk) [Condensed Consolidated Statements of Comprehensive Income](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income) The company's financial performance, including revenues, operating income, and net income, is presented for the reported periods Condensed Consolidated Statements of Comprehensive Income (in millions, except per share data) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :-------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Revenues | $409.9 | $387.1 | $812.2 | $771.4 | | Operating income | $280.7 | $266.2 | $551.9 | $525.1 | | Net income | $207.4 | $198.8 | $406.7 | $392.9 | | Basic EPS | $2.21 | $2.01 | $4.32 | $3.93 | | Diluted EPS | $2.21 | $2.01 | $4.31 | $3.93 | - Revenues increased by **6%** for the three months ended June 30, 2025, and **5%** for the six months ended June 30, 2025, compared to the same periods in 2024[12](index=12&type=chunk) - Net income grew by **4.3%** for the three months and **3.5%** for the six months ended June 30, 2025, year-over-year[12](index=12&type=chunk) [Condensed Consolidated Statements of Stockholders' Deficit](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders%27%20Deficit) Changes in stockholders' deficit, including stock repurchases, dividends, and net income, are detailed for the reported periods Condensed Consolidated Statements of Stockholders' Deficit (in millions) | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Total stockholders' deficit, beginning of period | $(1,977.0) | $(1,635.7) | $(1,957.9) | $(1,581.0) | | Repurchase of common stock | $(166.8) | $(390.3) | $(408.5) | $(660.2) | | Common stock cash dividends | $(72.1) | — | $(72.1) | — | | Net income | $207.4 | $198.8 | $406.7 | $392.9 | | Total stockholders' deficit, end of period | $(1,993.8) | $(1,816.4) | $(1,993.8) | $(1,816.4) | | Cash dividends declared per common share | $0.77 | — | $0.77 | — | - The company initiated cash dividends of **$0.77 per common share** in 2025, totaling **$72.1 million** for the three and six months ended June 30, 2025[14](index=14&type=chunk) - Common stock repurchases decreased significantly, from **$390.3 million** in Q2 2024 to **$166.8 million** in Q2 2025, and from **$660.2 million** in H1 2024 to **$408.5 million** in H1 2025[14](index=14&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) The company's cash inflows and outflows from operating, investing, and financing activities are presented for the reported periods Condensed Consolidated Statements of Cash Flows (Six Months Ended June 30, in millions) | Metric | 2025 | 2024 | | :------------------------------------------ | :--- | :--- | | Net cash provided by operating activities | $493.8 | $417.7 | | Net cash provided by investing activities | $104.6 | $246.5 | | Net cash used in financing activities | $(491.0) | $(651.9) | | Net increase in cash, cash equivalents, and restricted cash | $107.5 | $12.0 | - Net cash provided by operating activities increased by **$76.1 million (18.2%)** for the six months ended June 30, 2025, primarily due to higher cash collections from customers[17](index=17&type=chunk)[74](index=74&type=chunk) - Net cash used in financing activities decreased by **$160.9 million**, driven by proceeds from new senior note issuance and lower share repurchases, partially offset by debt repayment and dividend payments[17](index=17&type=chunk)[77](index=77&type=chunk) [Notes to Condensed Consolidated Financial Statements](index=7&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) Additional information and explanations for the condensed consolidated financial statements, covering debt, equity, and revenue, are provided - The company issued **$500.0 million** of 5.25% senior unsecured notes due June 1, 2032, on March 11, 2025, and used the proceeds to repay **$500.0 million** of 5.25% senior unsecured notes due April 1, 2025[28](index=28&type=chunk)[29](index=29&type=chunk) - The Board of Directors authorized an additional **$913.1 million** for common stock repurchases on July 24, 2025, bringing the total available authorization to **$1.50 billion**[30](index=30&type=chunk) - Verisign declared a cash dividend of **$0.77 per share** on April 23, 2025, totaling **$72.1 million**, and intends to continue quarterly cash dividends[33](index=33&type=chunk) Revenues by Geography (in millions) | Region | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :----- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | U.S. | $270.5 | $257.7 | $536.6 | $513.0 | | EMEA | $68.8 | $61.6 | $135.8 | $121.9 | | APAC | $45.5 | $43.8 | $89.9 | $88.7 | | Other | $25.1 | $24.0 | $49.9 | $47.8 | | Total | $409.9 | $387.1 | $812.2 | $771.4 | [ITEM 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=13&type=section&id=ITEM%202.%20Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Verisign's financial condition and results of operations, focusing on business trends, revenue, expenses, and liquidity [Overview](index=13&type=section&id=Overview) This section provides an overview of Verisign's business, focusing on its critical internet infrastructure and domain name registry services - Verisign is a global provider of critical internet infrastructure and domain name registry services, operating Root Zone Maintainer Services and two global internet root servers[46](index=46&type=chunk) - The company provides registration and authoritative resolution services for **.com** and **.net gTLDs**, which support the majority of global e-commerce[46](index=46&type=chunk) - As of June 30, 2025, Verisign managed **170.5 million .com and .net registrations**, a **0.1% decrease** from June 30, 2024, but a net increase of **0.7 million** from March 31, 2025[47](index=47&type=chunk)[48](index=48&type=chunk) [Business Highlights and Trends](index=13&type=section&id=Business%20Highlights%20and%20Trends) This section summarizes key financial and operational highlights, including revenue, domain registrations, renewal rates, and share repurchases Key Financial and Operational Highlights | Metric | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2025 | YoY Change (3M) | YoY Change (6M) | | :-------------------------------- | :------------------------------- | :----------------------------- | :-------------- | :-------------- | | Revenues | $409.9 million | $812.2 million | +6% | +5% | | Operating income | $280.7 million | $551.9 million | +5% | +5% | | .com and .net registrations (June 30, 2025) | 170.5 million | N/A | -0.1% (vs. June 30, 2024) | N/A | | New .com and .net registrations (3M) | 10.4 million | N/A | +13% (vs. 9.2M in 2024) | N/A | | Q1 2025 .com and .net renewal rate | 75.5% | N/A | +1.4 pp (vs. 74.1% in Q1 2024) | N/A | | Cash flows from operating activities (6M) | N/A | $493.8 million | N/A | +18.2% (vs. $417.7M in 2024) | - The company repurchased **0.6 million shares** of common stock for **$162.6 million** during Q2 2025, with **$630.1 million** remaining under the share repurchase program as of June 30, 2025[48](index=48&type=chunk) - A cash dividend of **$0.77 per share** was declared on April 23, 2025, totaling **$72.1 million**, and another was declared on July 22, 2025, payable on August 27, 2025[49](index=49&type=chunk) [Results of Operations](index=14&type=section&id=Results%20of%20Operations) This section analyzes the company's financial performance, detailing changes in revenues, costs, expenses, and net income Results of Operations as a Percentage of Revenues | Metric | Three Months Ended June 30, 2025 | Three Months Ended June 30, 2024 | Six Months Ended June 30, 2025 | Six Months Ended June 30, 2024 | | :-------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Revenues | 100.0% | 100.0% | 100.0% | 100.0% | | Total costs and expenses | 31.5% | 31.2% | 32.1% | 31.9% | | Operating income | 68.5% | 68.8% | 67.9% | 68.1% | | Net income | 50.6% | 51.4% | 50.1% | 50.9% | - Revenues increased due to **.com and .net price increases**, partially offset by a slight decline in the domain name base compared to the prior year, but with improved new registrations and renewal rates compared to December 31, 2024[53](index=53&type=chunk)[54](index=54&type=chunk) - Cost of revenues increased slightly due to higher compensation and benefits expenses, including stock-based compensation, and an increase in average headcount[58](index=58&type=chunk) - Selling, general and administrative expenses increased primarily due to higher compensation and benefits expenses, including stock-based compensation, driven by increased headcount, health insurance benefits, bonus expenses, and annual salary increases[61](index=61&type=chunk)[62](index=62&type=chunk) - Non-operating income, net, decreased due to lower interest income from reduced investments in debt securities and slightly lower interest rates[64](index=64&type=chunk) [Liquidity and Capital Resources](index=17&type=section&id=Liquidity%20and%20Capital%20Resources) This section discusses the company's liquidity position, capital resources, and cash flow activities to meet financial obligations Principal Sources of Liquidity (in millions) | Metric | June 30, 2025 | December 31, 2024 | | :-------------------- | :------------ | :---------------- | | Cash and cash equivalents | $314.3 | $206.7 | | Marketable securities | $279.5 | $393.2 | | Total | $593.8 | $599.9 | - The company believes existing cash, cash equivalents, marketable securities, and funds from operations, along with borrowing capacity, are sufficient to meet capital requirements and service debt for the next 12 months and beyond[71](index=71&type=chunk) - Net cash provided by operating activities increased by **$76.1 million** to **$493.8 million** for the six months ended June 30, 2025, driven by increased cash from customers[72](index=72&type=chunk)[74](index=74&type=chunk) - Net cash provided by investing activities decreased by **$141.9 million** to **$104.6 million**, primarily due to a decrease in net proceeds from marketable securities[72](index=72&type=chunk)[75](index=75&type=chunk) - Net cash used in financing activities decreased by **$160.9 million** to **$491.0 million**, influenced by new senior note issuance and reduced share repurchases[72](index=72&type=chunk)[77](index=77&type=chunk) [ITEM 3. Quantitative and Qualitative Disclosures About Market Risk](index=18&type=section&id=ITEM%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) No significant changes in the company's market risk exposures have occurred since December 31, 2024 - No significant changes in market risk exposures have occurred since December 31, 2024[78](index=78&type=chunk) [ITEM 4. Controls and Procedures](index=19&type=section&id=ITEM%204.%20Controls%20and%20Procedures) Disclosure controls and internal control over financial reporting were effective as of June 30, 2025, with no material changes - Management, including the CEO and CFO, concluded that disclosure controls and procedures were effective as of June 30, 2025[80](index=80&type=chunk) - There were no material changes in internal control over financial reporting during the three months ended June 30, 2025[81](index=81&type=chunk) - The company acknowledges the inherent limitations of control systems, which provide reasonable, not absolute, assurance against material errors or fraud[82](index=82&type=chunk) [PART II—OTHER INFORMATION](index=19&type=section&id=PART%20II%E2%80%94OTHER%20INFORMATION) [ITEM 1. Legal Proceedings](index=19&type=section&id=ITEM%201.%20Legal%20Proceedings) This section outlines the company's legal proceedings, including an IRP against ICANN, with no material adverse effect expected on financial condition - Verisign was granted participation in an Independent Review Process (IRP) filed against ICANN by Afilias Domains No. 3 Limited (now Altanovo Domains Limited) on May 22, 2025, concerning the **.web auction**[84](index=84&type=chunk) - The company is involved in various routine investigations, claims, and lawsuits, none of which are currently expected to have a material adverse effect on its financial condition, results of operations, or cash flows[85](index=85&type=chunk) [ITEM 1A. Risk Factors](index=19&type=section&id=ITEM%201A.%20Risk%20Factors) No material changes to the company's risk factors have occurred since the Form 10-Q for the period ended March 31, 2025 - There have been no material changes to the company's risk factors since the Form 10-Q for the period ended March 31, 2025[86](index=86&type=chunk) [ITEM 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=20&type=section&id=ITEM%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) This section details common stock repurchase activity, including shares purchased, average price, and remaining authorization under the program Share Repurchase Activity (Three Months Ended June 30, 2025) | Period | Total Number of Shares Purchased (thousands) | Average Price Paid per Share | Approximate Dollar Value of Shares That May Yet Be Purchased (millions) | | :----------------- | :----------------------------------------- | :--------------------------- | :-------------------------------------------------------------------- | | April 1 - 30, 2025 | 311 | $250.49 | $714.8 | | May 1 - 31, 2025 | 278 | $279.70 | $636.9 | | June 1 - 30, 2025 | 25 | $274.64 | $630.1 | | **Total** | **614** | | | - As of June 30, 2025, **$630.1 million** remained available for future share repurchases under the program, which has no expiration date[87](index=87&type=chunk)[90](index=90&type=chunk) - Effective July 24, 2025, the Board authorized an additional **$913.1 million** for repurchases, bringing the total authorization to **$1.50 billion**[90](index=90&type=chunk) [ITEM 5. Other Information](index=20&type=section&id=ITEM%205.%20Other%20Information) Recent corporate governance updates, including Bylaws amendments and insider trading arrangements, are covered in this section - On July 21, 2025, the Board approved and adopted Amended and Restated Bylaws, updating procedural and disclosure requirements for stockholder nominations of directors or proposals of other business[89](index=89&type=chunk)[90](index=90&type=chunk) - The amended Bylaws require stockholders conducting proxy solicitations to provide specific information and use a proxy card color other than white[90](index=90&type=chunk) - No directors or executive officers adopted, terminated, or modified Rule 10b5-1 plans or other trading arrangements during the quarter ended June 30, 2025[91](index=91&type=chunk) [ITEM 6. Exhibits](index=21&type=section&id=ITEM%206.%20Exhibits) All exhibits filed as part of the Form 10-Q, including corporate governance documents, certifications, and interactive data, are listed - Key exhibits include the Restated Certificate of Incorporation, Certificate of Amendment, Restated Bylaws, and certifications from the Principal Executive and Financial Officers[92](index=92&type=chunk) - Interactive Data Files (XBRL) are also included, with XBRL tags embedded within the Inline XBRL document[92](index=92&type=chunk)

VERISIGN. Q2 2025 Earnings Conference Call July 24, 2025 Safe Harbor Disclosure Statements in this presentation other than historical data and information constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended, including, but not limited to, statements regarding (i) Q2 2025 renewal rate expectations, (ii) Domain Name Base change expectations, (iii) our full year 2025 financial guidanc ...

Verisign Reports Second Quarter 2025 Results RESTON, VA - July 24, 2025 - 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 2025. VeriSign, Inc. and its subsidiaries ("Verisign") reported revenue of $410 million for the second quarter of 2025, up 5.9 percent from the same quarter in 2024. Operating income was $281 million for the second quarter of 2025, compared to $266 million fo ...

Core Insights - VeriSign (NASDAQ: VRSN) is scheduled to announce its earnings on July 24, 2025, with historical data indicating a balanced outcome in one-day returns post-earnings announcements, achieving a positive return in 50% of cases with a median increase of 2.9% and a negative return in the other 50% with a median drop of -2.7% [2][7] Financial Performance - Analysts project earnings of $2.20 per share on revenue of $410 million for the upcoming quarter, reflecting an increase from the previous year's earnings of $2.01 per share on sales of $387 million [3] - VeriSign has a market capitalization of $27 billion, generating $1.6 billion in revenue over the past twelve months, with operating earnings of $1.1 billion and a net income of $791 million, indicating strong operational profitability [4] Trading Strategies - Traders may consider pre-earnings positioning based on historical probabilities, while post-earnings analysis can help in understanding the relationship between immediate and medium-term returns following the earnings release [6] - Historical data shows that there are 20 earnings data points over the past five years, with a 50% occurrence of positive one-day returns, which increases to 58% when considering the last three years [7] Correlation Analysis - A strategy involving the correlation between short-term and medium-term returns post-earnings can be beneficial, particularly if the correlation is strong, allowing traders to position themselves accordingly based on 1D and 5D return correlations [8]