RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of critical internet infrastructure and domain name registry services, today announced that its earnings call for the fourth quarter and full year 2023 will take place on Thursday, Feb. 8, 2024, at 4:30 p.m. (EST). The earnings news release will be distributed to the wire services at approximately 4:05 p.m. (EST) that day and will also be available directly from the company’s website at https://investor.verisign.com. Verisign wi ...

Financial Data and Key Metrics - Revenue for Q3 2023 was $376 million, up 5.4% YoY [4] - Operating income for Q3 2023 was $254 million, up 7.4% YoY [4] - Net income for Q3 2023 was $188 million, compared to $169 million in Q3 2022 [26] - Diluted EPS for Q3 2023 was $1.83, up from $1.58 in Q3 2022 [26] - Operating cash flow for Q3 2023 was $245 million, down from $262 million in Q3 2022 [26] - Free cash flow for Q3 2023 was $217 million, down from $255 million in Q3 2022 [26] - The domain name base for .com and .net totaled 173.9 million at the end of Q3 2023, slightly up from 173.8 million at the end of 2022 [37] - The domain name base decreased by 0.5 million in Q3 2023 [37] - The renewal rate for Q3 2023 was approximately 73.4%, compared to 73.7% in Q3 2022 [23] Business Line Data and Key Metrics - New domain registrations in Q3 2023 were 9.9 million, flat YoY [2] - Revenue from China-based registrars was $22 million, down $5 million YoY [7] - Revenue from registrars outside China was $354 million, up $24 million YoY [7] Market Data and Key Metrics - China market demand remains weak due to challenging economic conditions, stringent regulations, and weaker local currency [7][43] - Ex-China registrars showed growth in both new registrations and domain name base [9][23] - The company expects the full-year 2023 domain name base change to be between -0.4% and +0.4%, reflecting uncertainty primarily due to China's weakness [23] Company Strategy and Industry Competition - The company is focused on delivering secure and reliable infrastructure services and managing expenses responsibly [27][35] - The introduction of .web is expected to add more registration choices and attract millions of potential customers [3] - The company continues to invest in infrastructure while managing expenses, with a focus on responsible expense control [16][31] Management Commentary on Operating Environment and Future Outlook - The company acknowledges ongoing macroeconomic and geopolitical turbulence, including high interest rates, inflation, and geopolitical issues [9][17] - The company remains optimistic about its business fundamentals and ability to deliver strong financial results despite external challenges [28] - The company expects full-year 2023 revenue to be between $1.490 billion and $1.495 billion, with operating income between $995 million and $1 billion [40] Other Important Information - The company repurchased 1.1 million shares for $220 million in Q3 2023, with $1.34 billion remaining under the share repurchase program [38] - The company ended Q3 2023 with $943 million in cash, cash equivalents, and marketable securities [38] Q&A Session Summary Question: China Market Outlook - The company noted weak demand in China due to economic conditions, regulatory environment, and currency issues [7][43] - Management believes the situation in China is a "perfect storm" and is uncertain when it will stabilize [44] Question: ICANN's .web Decision - The company supports ICANN's decision regarding .web and believes the IRP filed by Altanovo is for delay purposes [3][39] - The company intends to bring .web to market and is monitoring legal proceedings [45] Question: Domain Growth by Geography - The company does not break out domain name base by geography for competitive reasons but points to geographic revenue disclosures for growth insights [9][47] - The company charges the same price across all markets, and the domain name base remains resilient outside of China [47] Question: Cost Management and Investments - The company expects expenses to be lower by around 3% in 2023, with $5 million in cost savings from .tv migration [10] - The company will provide full-year 2024 guidance in the next earnings call [10][16] Question: Macroeconomic Impact - The company acknowledges macroeconomic and geopolitical challenges, including high interest rates and inflation, but remains focused on controlling what it can [12][17] - The company is cautious about the impact of global events, such as the Ukraine conflict and Middle East tensions, on the economy [17]

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 September 30, 2023 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 ...

VeriSign, Inc. (NASDAQ:VRSN) Q2 2023 Earnings Conference Call July 27, 2023 4:30 PM ET Company Participants David Atchley - Vice President, Investor Relations & Corporate Treasurer Jim Bidzos - Executive Chairman & Chief Executive Officer George Kilguss - Executive Vice President & Chief Financial Officer Conference Call Participants Rob Oliver - Robert W. Baird Ygal Arounian - Citigroup Operator Good day, everyone. Welcome to VeriSign's Second Quarter 2023 Earnings Call. Today's conference is being recorde ...

Table of Contents ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 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. UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ FORM 10-Q ____________________ (Mark One) (Exact name of registrant as specified in its c ...

VeriSign, Inc. (NASDAQ:VRSN) Q1 2023 Earnings Conference Call April 27, 2023 4:30 PM ET Company Participants David Atchley - Vice President, Investor Relations & Corporate Treasurer Jim Bidzos - Executive Chairman & Chief Executive Officer George Kilguss - Executive Vice President & Chief Financial Officer Conference Call Participants Rob Oliver - Robert W. Baird Ygal Arounian - Citigroup Operator Good day, everyone. Welcome to VeriSign's First Quarter 2023 Earnings Call. Today's conference is being recorde ...

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, 2023 OR Registrant's telephone number, including area code: (703) 948-3200 For the transition period from to Securities registered pursuant to Section 12(b) of the Act: Commission File Number: 000-23593 | Title of each class | T ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ———————— FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 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 charter) | Delaware | 94-3221 ...

Financial Data and Key Metrics Changes - In 2022, revenue grew by 7.3% year-over-year to $1.425 billion, and operating income increased by 8.8% to $943 million [6][10] - Operating expenses totaled $482 million, up 4.6% from the previous year, with an operating margin of 66.2% [10] - For Q4 2022, revenue was $369 million, an increase of 8.5% year-over-year, while operating income rose by 10.5% to $245 million [10][11] - Net income for Q4 2022 was $179 million, resulting in diluted earnings per share of $1.70, down from $2.97 in Q4 2021 [11][12] Business Line Data and Key Metrics Changes - New registrations in Q4 2022 were 9.7 million, down from 10.6 million in the same quarter a year ago, attributed to various factors including reduced registrations from China [7] - The renewal rate for Q4 2022 was approximately 73.2%, slightly down from 73.7% in the previous quarter and 74.8% a year ago [7] Market Data and Key Metrics Changes - The domain name base in .com and .net reached 173.8 million, with a year-over-year growth rate of 0.2% [25] - The expected growth rate for the domain name base in 2023 is projected to be between 0% and 2.5% [26] Company Strategy and Development Direction - The company aims to maintain reliable operations and invest in critical Internet infrastructure while exercising careful expense control [24][54] - A price increase for .com domain names from $8.97 to $9.59 is set to take effect on September 1, 2023 [26] Management's Comments on Operating Environment and Future Outlook - Management acknowledged macroeconomic uncertainties and indicated that the recovery from the pandemic will take longer than expected [57] - The company remains optimistic about the long-term fundamentals of the domain name business, despite current challenges [64] Other Important Information - The company repurchased 5.5 million shares for $1 billion in 2022, with $859 million remaining under the current share repurchase program [25][54] - The transition of the .tv agreement to a new registry operator was completed, with revenue from this agreement totaling approximately $19 million for 2022 [29] Q&A Session Summary Question: Thoughts on macroeconomic factors and domain growth - Management noted that while there are uncertainties, they have not factored in the impact of layoffs on new business starts, although they track this data [46] - They believe that domain name activity will eventually return to pre-pandemic levels, but 2023 remains difficult to predict [47] Question: Impact of ChatGPT on domain names - Management views ChatGPT as potentially beneficial, as it may help users find suitable domain names through their NameStudio product [59] Question: Insights on the Chinese market and its reopening - Management highlighted that lower first-time renewal rates from China were a factor in 2022, and it is too early to assess the impact of China's reopening on 2023 [42][43] Question: Operating margins and expense control - Management indicated that responsible expense management contributed to better-than-expected operating margins, with overall expenses growing by about 4.6% [68]

VeriSign, Inc. (NASDAQ:VRSN) Q3 2022 Earnings Conference Call October 27, 2022 4:30 PM ET Company Participants David Atchley - Vice President, Investor Relations and Corporate Treasurer James Bidzos - Chairman and Chief Executive Officer George Kilguss - Executive Vice President and Chief Financial Officer Todd Strubbe - President and Chief Operating Officer Conference Call Participants Rob Oliver - Baird Operator Good day, everyone and welcome to VeriSign’s Third Quarter 2022 Earnings Call. Today’s confere ...