Verisign(US:VRSN)2022-10-27 21:13Business Performance - The Domain Name Base reached 174.2 million names, a 1.2% year-over-year increase[10] - .com domain names accounted for 160.9 million, while .net domain names totaled 13.2 million[10] - New name registrations in Q3 2022 were 9.9 million, compared to 10.7 million in Q3 2021[12] - The renewal rate for Q2 2022 was 73.8%, with the Q3 2022 renewal rate expected to be approximately 73.8%, compared to 75.0% in Q3 2021[12] - The Domain Name Base is expected to increase by between 0.25% to 1.0% from the end of 2021 to the end of 2022[12] Financial Highlights - Revenue for Q3 2022 was $357 million, up 6.8% year-over-year[8, 17] - The operating margin was 66.3%[17] - Diluted EPS was $1.58[17] - Operating cash flow was $262 million[17] - Free cash flow was $255 million[17] Full Year 2022 Financial Guidance - Revenue is projected to be between $1.418 billion and $1.426 billion[18] - Domain Name Base growth is expected to be between 0.25% and 1.0%[18] - The operating margin is projected to be between 65.75% and 66.25%[18] - Interest expense and non-operating income, net, are expected to be an expense of $60 million to $65 million[18] - Capital expenditures are projected to be between $30 million and $35 million[18]