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 (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.
VeriSign (NASDAQ: VRSN) reported 370.7 million domain name registrations at the end of Q3 2020, marking a 0.2% increase from Q2 2020. Year-over-year, registrations grew by 10.8 million, or 3.0%. The .com and .net TLDs reached 163.7 million registrations, up 1.0% quarter-over-quarter and 4.0% year-over-year. New registrations for .com and .net totaled 10.9 million in Q3 2020, compared to 9.9 million in Q3 2019. These figures highlight the ongoing demand for domain name services and reflect the company's strong market position.
VeriSign, a leading provider of domain name registry services, reported Q3 2020 revenue of $318 million, reflecting a 3.1% increase from Q3 2019. The company achieved net income of $171 million and diluted EPS of $1.49, up from $154 million and $1.30 respectively in the same period last year. Despite a 65.0% operating margin, a decrease from 66.7% in 2019, significant tax benefits contributed to EPS growth. VeriSign ended the quarter with $1.15 billion in cash and a total of 163.7 million domain registrations. They also repurchased 0.8 million shares for $170 million.
VeriSign (NASDAQ: VRSN) announced its third-quarter earnings call will occur on October 22, 2020, at 4:30 p.m. EDT. The earnings release will be available at 4:05 p.m. EDT the same day on their investor website. This call will be accessible via direct dial and online through a live webcast. VeriSign, a leader in domain name registry services, emphasizes its role in ensuring the security and stability of major internet infrastructure, including the .com and .net domains vital for global e-commerce.