Verisign Stock Price, News & Analysis

VeriSign (NASDAQ: VRSN) has scheduled its first-quarter 2023 earnings call for April 27, 2023, at 4:30 p.m. EDT. The earnings release will precede the call at 4:05 p.m. EDT. Investors can access the call via U.S. dial-in at (888) 676-VRSN or international at (786) 789-4783, using conference ID: VeriSign. A live webcast and an audio archive will be available on the company’s investor relations website.

VeriSign provides crucial internet infrastructure, including managing .com and .net domains, vital for global e-commerce. For further details, visit investor.verisign.com.

VeriSign (NASDAQ: VRSN) reported 350.4 million domain name registrations across all top-level domains (TLDs) for Q4 2022, reflecting a net increase of 0.5 million, or 0.1%, from Q3 2022, and 8.7 million, or 2.6%, year-over-year. The .com and .net domains saw a decrease in registrations, totaling 173.8 million, down by 0.4 million, or 0.2%, compared to the previous quarter. Notably, new registrations for .com and .net domains totaled 9.7 million, a decline from 10.6 million in Q4 2021. Country-code TLDs (ccTLDs) grew to 133.1 million, up by 0.7 million, or 0.5%, quarter-over-quarter, and increased by 5.7 million, or 4.5%, year-over-year.

VeriSign (NASDAQ: VRSN) reported financial results for Q4 and full year 2022, with Q4 revenue at $369 million, up 8.5% from Q4 2021. Operating margin improved to 66.5%. However, net income fell to $179 million or $1.70 per diluted share, down from $330 million or $2.97 in Q4 2021 due to a prior tax benefit. For the full year, revenue reached $1.42 billion (up 7.3%), with net income at $674 million or $6.24 per diluted share, compared to $785 million or $7.00 in 2021. The company plans to increase the registry-level fee for .com domains from $8.97 to $9.59 effective Sept. 1, 2023.

VeriSign, Inc. (NASDAQ: VRSN) has announced that its earnings call for Q4 and full year 2022 will take place on February 9, 2023, at 4:30 p.m. EST. The earnings news release will be distributed around 4:05 p.m. EST and will be accessible on the company’s website. The call can be joined via phone or a live webcast, with an audio archive available post-call. VeriSign is a key internet infrastructure provider, maintaining essential services for .com and .net domains, which are critical for global e-commerce.

VeriSign (NASDAQ: VRSN) reported a total of 349.9 million domain name registrations across all top-level domains for Q3 2022, witnessing a decrease of 1.6 million or 0.4% from Q2 2022. However, there was a year-over-year increase of 11.5 million registrations, or 3.4%. The .com and .net TLDs combined saw a total of 174.2 million registrations, down 0.2 million from the previous quarter but up 2.1 million year over year. Country-code TLD registrations reached 132.4 million, down 1.7 million from Q2 but up 5.7 million year over year.

VeriSign reported third-quarter 2022 financial results, with revenue increasing by 6.8% to $357 million compared to Q3 2021. Net income rose to $169 million, up from $157 million, while diluted EPS improved to $1.58 from $1.40. The operating margin remained strong at 66.3%. Cash flow from operations was stable at $262 million. VeriSign's domain registrations reached 174.2 million, a 1.2% increase year-on-year, though new registrations declined to 9.9 million from 10.7 million. Renewal rates dropped to 73.8% from 75.4% in the previous year.

VeriSign (NASDAQ: VRSN) announced that its earnings call for Q3 2022 will occur on October 27, 2022, at 4:30 p.m. (EDT). The earnings release will be available at approximately 4:05 p.m. (EDT) on that day. Investors can access the call via a direct dial or online webcast at the company's investor relations website. VeriSign provides essential internet infrastructure services, operating root zone maintenance and .com and .net domain registrations, which are crucial for global e-commerce.