earnings
confidence high
sentiment neutral
materiality 0.70
VeriSign Q4 revenue $369M (+8.5% YoY), EPS $1.70; .com fee to rise to $9.59 in Sept 2023
VERISIGN INC/CA
2022-FY EPS reported
$6.24
revenue$1,424,900,000
- Q4 revenue $369M (+8.5% YoY); operating margin 66.5% vs 65.3% prior year.
- Q4 net income $179M ($1.70 EPS) vs $330M ($2.97 EPS) which included $165.5M tax benefit.
- Full-year revenue $1.42B (+7.3%), net income $674M ($6.24 EPS) vs $785M ($7.00 EPS) prior year.
- .com/.net base 173.8M (+0.2% YoY); renewal rate 73.7% (down from 75.0%).
- .com registry fee to increase from $8.97 to $9.59 effective Sept 1, 2023; share repurchases $1.03B in 2022.