Verisign(US:VRSN)2025-04-24 21:57Domain Name Base - The domain name base reached 169.8 million at the end of Q1 2025, a decrease of 1.5% year-over-year[12] - There was a net increase of 0.78 million domain names quarter-over-quarter[12] - The .com domain names are 157.2 million and .net domain names are 12.6 million[13] Renewal Rate and New Registrations - The preliminary renewal rate for Q1 2025 was 74.0%, compared to 74.1% in the same quarter last year[17] - New name registrations in Q1 2025 were 10.1 million, an increase of 5.3% year-over-year from 9.5 million in Q1 2024[17] - Expiring names for Q2 2025 are 37.6 million, compared to 39.2 million in Q2 2024[17] Capital Allocation - The company repurchased 1.0 million shares in Q1 2025, amounting to $230 million[19] - Share repurchases totaled $1.2 billion in the four quarters ending Q1 2025[26] - The company announced a quarterly cash dividend of $0.77 per share[11, 26] Financial Performance - Revenue for Q1 2025 was $402 million, an increase of 4.7% year-over-year[22] - Operating income for Q1 2025 also increased by 4.7% year-over-year[22] - Free cash flow for the three months ended March 31, 2025, was $285.5 million[33] Full Year 2025 Guidance - The company expects domain base growth to be between -0.7% and +0.9%[24] - Revenue is projected to be between $1.635 billion and $1.650 billion[24] - Operating income is expected to be between $1.110 billion and $1.125 billion[24]