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VeriSign Inc. (symbol: VRSN) is a global leader in domain names and internet security, playing a pivotal role in enabling internet navigation for many of the world’s most recognized domain names. The company ensures the security, stability, and resiliency of key internet infrastructure and services, including the crucial .com and .net top-level domains. VeriSign operates two of the internet’s root servers and performs the root zone maintainer function for the core of the internet's domain name system (DNS).
As the sole authorized registry for several generic top-level domains, VeriSign plays a critical role in the management and operation of these domains, ensuring they run smoothly and securely. Their services include distributed denial of service (DDoS) protection and managed DNS, providing robust security solutions for websites and enterprises across the globe.
In 2018, VeriSign sold off its Security Services business, refocusing on its core registry business. This strategic move highlights the company’s commitment to strengthening and expanding its core operations. VeriSign's infrastructure supports the domain name system by operating some of the world's most essential internet servers, which are fundamental to internet traffic routing.
To learn more about what it means to be powered by VeriSign, you can visit their website at verisign.com. Here, you can find comprehensive information about their services, partnerships, financial condition, recent achievements, and current projects. VeriSign continues to be a significant player in the realm of internet infrastructure, providing essential services that underpin the internet's functionality and security.
Stay updated with the latest news and developments related to VeriSign Inc. to understand more about their impact on the internet and their ongoing projects aimed at enhancing global internet security and navigation.
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.
VeriSign, a global leader in domain name registry services, reported a total of 351.5 million domain name registrations by the end of Q2 2022, marking a 0.3% increase from Q1 2022 and a 3.0% year-over-year growth. The .com and .net TLDs had 174.3 million registrations, showing a slight quarter-over-quarter decline. New registrations for .com and .net totaled 10.1 million, down from 11.7 million a year ago. The total country-code TLDs reached 134.1 million, up 0.5% from the previous quarter.
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.
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