Verisign(US:VRSN)2025-04-24 20:07Financial Performance - VeriSign reported revenue of $402 million for Q1 2025, a 4.7% increase from Q1 2024[3] - Operating income for Q1 2025 was $271 million, compared to $259 million in Q1 2024[3] - Net income for Q1 2025 was $199 million, with diluted EPS of $2.10, up from $194 million and $1.92 in Q1 2024[3] - Cash flow from operations was $291 million in Q1 2025, an increase from $257 million in Q1 2024[7] Deferred Revenues - Deferred revenues as of March 31, 2025, totaled $1.36 billion, up $57 million from year-end 2024[7] Domain Registrations - VeriSign processed 10.1 million new domain name registrations for .com and .net in Q1 2025, compared to 9.5 million in Q1 2024[7] - The renewal rate for .com and .net domains for Q4 2024 was 74.0%, up from 73.2% in Q4 2023[7] Shareholder Returns - VeriSign repurchased 1.0 million shares of common stock for $230 million during Q1 2025[7] - The Board declared a cash dividend of $0.77 per share, payable on May 28, 2025[7] Cash Position - VeriSign ended Q1 2025 with cash, cash equivalents, and marketable securities of $649 million, an increase of $49 million from year-end 2024[7]