Verisign Q1 revenue $364M (+5.1% YoY), EPS $1.70 vs $1.43, operating income $241M

VERISIGN INC/CA

Revenue $364M (+5.1% YoY); operating income $241M vs $225M; net income $179M, diluted EPS $1.70 vs $1.43.
Cash flow from operations $259M vs $207M; deferred revenues $1.26B, up $42M from year-end.
Repurchased 1.1M shares for $220M; $639M remaining in buyback program.
.com/.net domain base 174.8M (+0.1% YoY); new registrations 10.3M vs 10.2M; renewal rate 73.3% (down from 74.8%).

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

VERISIGN INC/CA reported the first quarter of 2023 results: revenue $364 million, net income $179 million, EPS $1.70.

Period: the first quarter of 2023
Revenue: $364 million
Net income: $179 million
EPS: $1.70
Result: reported results

Exact text from the filing

services and internet infrastructure, today reported financial results for the first quarter of 2023. VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $364 million for the first quarter of 2023, up 5.1 percent from the same quarter in 2022. Operating income was $241 million for the first quarter of 2023, compared to $225 million for the

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Source: SEC EDGAR

accession 0001014473-23-000018

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