earnings
confidence high
sentiment neutral
materiality 0.60
Verisign Q3 revenue $334M (+5.1% YoY); EPS $1.40 vs $1.49 (prior year included $0.21 tax benefit)
VERISIGN INC/CA
- Operating margin improved to 66.2% from 65.0%; operating cash flow $260M vs $140M.
- .com/.net domain base 172.1M (+5.1% YoY); renewal rate 75.4% (up from 72.8%).
- Repurchased 0.8M shares for $172M; $565M remaining under buyback program.
- Deferred revenues $1.16B, up $95M from year-end 2020.