Verisign Stock Price, News & Analysis

VeriSign (NASDAQ: VRSN) reported a 6.8% increase in revenue for Q2 2022, totaling $352 million, compared to Q2 2021. The company achieved a net income of $167 million and diluted EPS of $1.54, up from $1.31 a year earlier. Operating margin improved to 67.1% from 64.7%. VeriSign ended the quarter with $997 million in cash and cash equivalents, having repurchased 2 million shares for $349 million. The .com and .net domain name base grew by 2.2% year-over-year, though new registrations decreased to 10.1 million from 11.7 million in Q2 2021.

VeriSign (NASDAQ: VRSN) will hold its second quarter 2022 earnings call on July 28, 2022, at 4:30 p.m. (EDT). The earnings news release will be available at 4:05 p.m. (EDT). Interested parties can access the call via direct dial or through a live webcast on the company’s investor website. VeriSign is known for providing domain name registry services and internet infrastructure, overseeing the .com and .net domains, crucial for global e-commerce.

VeriSign (NASDAQ: VRSN) reported a total of 350.5 million domain name registrations for Q1 2022, marking an increase of 8.8 million or 2.6% from Q4 2021. Year-over-year, domain registrations rose by 13.2 million or 3.9%. The .com and .net TLDs accounted for 174.7 million registrations, up 0.7% from the previous quarter. New .com and .net registrations totaled 10.2 million, a decrease from 11.6 million in Q1 2021. Country-code TLD registrations reached 133.4 million, up 4.7% sequentially.

VeriSign reported Q1 2022 revenue of $347 million, up 7.2% year-over-year, with a net income of $158 million and diluted EPS of $1.43. The operating margin was 64.8%, slightly down from 65.0% in Q1 2021. Cash flow from operations rose to $207 million, while cash and marketable securities totaled $1.21 billion. Domain registrations increased by 4.0% year-over-year, with a base of 174.7 million .com and .net domains. The renewal rate for Q4 2021 stood at 74.8%.

VeriSign (NASDAQ: VRSN) announced its Q4 2021 results, reporting a total of 341.7 million domain name registrations, up by 3.3 million or 1.0% from Q3 2021. Year-over-year, registrations increased by 1.6 million, or 0.5%. The .com and .net TLDs accounted for 173.4 million registrations, with a quarterly rise of 1.4 million, or 0.8%, and a yearly increase of 8.2 million, or 5.0%. New registrations for .com and .net totaled 10.6 million, slightly higher than the previous year.

VeriSign, Inc. (NASDAQ: VRSN), a leader in domain name registry services, will hold its earnings call for Q1 2022 on April 28, 2022, at 4:30 p.m. EDT. The earnings release will be available at 4:05 p.m. EDT the same day. Interested parties can join the teleconference by dialing (888) 676-VRSN (U.S.) or (786) 789-4776 (international) with conference ID: VeriSign. A live webcast will also be accessible on the company's investor relations website.

VeriSign reported a strong fourth quarter and full year 2021 performance, with Q4 revenue of $340 million, marking a 6.3% increase year-over-year, and a net income of $330 million, yielding a diluted EPS of $2.97, boosted by a $165.5 million tax benefit. For 2021, total revenue reached $1.33 billion, a 4.9% year-over-year rise. However, net income slightly dipped to $785 million from $815 million in 2020. The company also announced a hike in .com registration fees effective September 2022, alongside a robust cash position of $1.21 billion and ongoing share repurchases.

VeriSign, a leader in domain name registry and internet infrastructure, announced its fourth quarter and full year 2021 earnings call scheduled for February 10, 2022, at 4:30 p.m. (EST). The earnings release will be available at approximately 4:05 p.m. (EST) on the same day. Interested parties can join the live teleconference or view the webcast on the company's investor relations page. VeriSign supports global e-commerce by providing essential services for the .com and .net domains and maintaining internet infrastructure, including two of the 13 root servers.

VeriSign (NASDAQ: VRSN) reported 364.6 million domain name registrations at the end of Q3 2021, reflecting a decrease of 2.7 million or 0.7% from Q2 2021 and a 6.1 million decline, or 1.6%, year-over-year. However, registrations for .com and .net TLDs rose to 172.1 million, up 1.5 million or 0.9% from the previous quarter, and increased by 8.3 million, or 5.1%, year-over-year. New registrations for .com and .net totaled 10.7 million, slightly down from 10.9 million in Q3 2020. The full report can be accessed at verisign.com/dnib.