VeriSign, Inc. reports recurring developments tied to critical internet infrastructure and domain name registry services. The company provides registration services and authoritative resolution for the .com and .net top-level domains, serves as root zone maintainer, and operates two of the global internet root servers.
Verisign news commonly covers quarterly financial results, domain name base trends, new .com and .net registrations, and Domain Name Industry Brief data from DNIB.com. Updates also include board-approved dividends, share repurchases, DNS security and resiliency themes, and industry statistics on top-level domain registrations.
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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.