Verisign Q3 revenue $357M (+6.8% YoY), EPS $1.58; Board adds $803M buyback

VERISIGN INC/CA

Revenue $357M, up 6.8% YoY; net income $169M, diluted EPS $1.58 vs $1.40.
Operating margin 66.3% (vs 66.2%); cash from operations $262M.
Board authorized additional $803M share repurchases, total $1.0B available, no expiration.
.com/.net registrations 174.2M, up 1.2% YoY; renewal rate 73.8% (down from 75.4%).
Repurchased 1.5M shares for $275M in Q3.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

VERISIGN INC/CA reported the third quarter of 2022 results: revenue $357 million, net income $169 million, EPS $1.58.

Period: the third quarter of 2022
Revenue: $357 million
Net income: $169 million
EPS: $1.58
Result: reported results

Exact text from the filing

VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $357 million for the third quarter of 2022, up 6.8 percent from the same quarter in 2021. Verisign reported net income of $169 million and diluted earnings per share (diluted “EPS”) of $1.58 for the third quarter of 2022, compared to net income of $157 million and diluted EPS of $1.40 for the same quarter of 2021.

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VERISIGN INC/CA filing history →

Source: SEC EDGAR

accession 0001014473-22-000026

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