Welcome to our dedicated page for Verisign news (Ticker: VRSN), a resource for investors and traders seeking the latest updates and insights on Verisign stock.
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.
VeriSign announced its third-quarter 2021 earnings call scheduled for October 28, 2021, at 4:30 p.m. EDT. The earnings release will be available around 4:05 p.m. EDT that day and can be accessed via the company’s website. Stakeholders can join the live teleconference by calling (888) 676-VRSN in the U.S. or (786) 789-4776 internationally. The event aims to discuss the financial performance and outlook of the company concerning its domain name registry services and internet infrastructure.
VeriSign (NASDAQ: VRSN) reported 367.3 million domain name registrations at the end of Q2 2021, achieving a 1.0% increase from Q1 2021. However, compared to the previous year, registrations decreased by 0.7%. The .com and .net TLDs rose by 1.5% quarter-over-quarter, totaling 170.6 million registrations, while year-over-year growth stood at 5.2%. New .com and .net registrations reached 11.7 million, reflecting an increase from 11.1 million in Q2 2020. VeriSign continues to publish statistical insights through its Domain Name Industry Brief.
VeriSign, a global domain name registry services provider, reported Q2 2021 financials with revenue of $329 million, a 4.8% increase year-over-year. The company’s net income was $148 million with diluted EPS of $1.31, slightly down from $152 million and $1.32 in Q2 2020. Operating margin declined to 64.7%. VeriSign issued $750 million in Senior Notes and redeemed the same amount of higher-interest notes, incurring a $2.1 million loss. Cash flow from operations decreased to $143 million. The .com and .net registrations rose by 5.2%, totaling 170.6 million.
VeriSign, a leader in domain name registry services and internet infrastructure, is set to announce its earnings for Q2 2021 on July 22, 2021, at 4:30 p.m. EDT. A news release will precede this at 4:05 p.m. EDT. The call will be accessible via direct dial and a live webcast on the company’s investor relations page. Verisign supports vital internet services, including .com and .net domain registrations, enhancing the security and stability of e-commerce globally.
Verisign (NASDAQ: VRSN) reported a total of 363.5 million domain name registrations by the end of Q1 2021, reflecting a decrease of 2.8 million registrations, or 0.8%, from Q4 2020. Year-over-year, registrations fell by 3.3 million, or 0.9%. However, the .com and .net TLDs showed growth, increasing by 2.8 million registrations, or 1.7% since Q4 2020, with .com alone reaching 154.6 million registrations. New registrations for .com and .net domains rose to 11.6 million, up from 10.0 million in Q1 2020.
VeriSign (NASDAQ: VRSN) reported first quarter 2021 revenue of $324 million, a 3.6% increase from Q1 2020. Net income declined to $150 million with diluted EPS of $1.33, compared to $334 million and $2.86 in the prior year, influenced by a $168 million tax benefit seen in Q1 2020. Operating margin was 65%. Verisign ended the quarter with $1.18 billion in cash and processed 11.6 million new domain registrations, up from 10.0 million last year.
The company also reported 168 million .com and .net registrations.
Verisign (NASDAQ: VRSN) has scheduled its earnings call for Q1 2021 on April 22, 2021, at 4:30 p.m. (EDT). The earnings release will be available at approximately 4:05 p.m. (EDT) that same day. Investors can access the call via a direct dial or listen to a live webcast on the company's website. Verisign continues to play a crucial role in internet infrastructure, maintaining the security and stability of domain name registrations, including .com and .net, which are essential for global e-commerce.
VeriSign (NASDAQ: VRSN) reported a total of 366.3 million domain name registrations by the end of Q4 2020, a decrease of 4.4 million, or 1.2% from Q3 2020. Year-over-year, registrations increased by 4.0 million, or 1.1%. The .com and .net TLDs showed a combined total of 165.2 million registrations, up by 1.5 million, or 0.9% from Q3 2020. New registrations for .com and .net reached 10.5 million, slightly up from 10.3 million in Q4 2019.
VeriSign reported Q4 2020 revenue of $320 million, a 3.1% increase YoY, with net income at $157 million and diluted EPS of $1.38. For the full year, revenue rose 2.7% to $1.27 billion, while net income reached $815 million, resulting in an EPS of $7.07. Operating margins were 63.9% for Q4 and 65.2% for the year. The company recognized $12.4 million in tax benefits in Q4 and $204.2 million for the year, boosting diluted EPS by $1.77. VeriSign ended 2020 with $1.17 billion in cash equivalents and increased .com and .net registrations by 4%.
VeriSign, Inc. (NASDAQ: VRSN) has announced its fourth quarter and full year 2020 earnings call will be held on February 11, 2021, at 4:30 p.m. (EST). The earnings news release will precede the call, available at 4:05 p.m. (EST). Interested parties can join the call by dialing (888) 676-VRSN for U.S. participants or (786) 789-4776 for international callers, using conference ID: Verisign. A live webcast will also be accessible on the company's investor relations website.