earnings
confidence high
sentiment positive
materiality 0.60
VeriSign Q4 revenue $340M (+6.3% YoY); full-year EPS $7.00; Board adds $705M buyback
VERISIGN INC/CA
2021-FY EPS reported
$7.00
revenue$1,327,576,000
- Q4 revenue $340M (+6.3% YoY); net income $330M ($2.97 diluted EPS) includes $165.5M tax benefit.
- Full year 2021 revenue $1.33B (+4.9%); net income $785M ($7.00 EPS); operating margin 65.3%.
- Board authorized additional $705M share repurchase; total $1.0B available under program with no expiration.
- .com and .net domain base 173.4M (+5.0% YoY); .com registry fee to increase to $8.97 from $8.39 effective Sept 1, 2022.
- Cash flow from operations $807M in 2021; repurchased 3.3M shares for $700M during the year.