Verisign Q2 revenue $372M (+5.7% YoY), EPS $1.79; authorizes additional $1.14B buyback

VERISIGN INC/CA

Revenue $372M, up 5.7% YoY; operating income $249M vs $236M.
Net income $186M, diluted EPS $1.79 vs $1.54 in Q2 2022.
.com/.net domain base 174.4M, +0.1% YoY; renewal rate 75.5%.
Board authorized additional $1.14B share repurchase, total $1.5B available.
Renewed .net registry agreement with ICANN through June 2029; .net fee to rise to $10.91.

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 1.0

VERISIGN INC/CA reported the second quarter of 2023 results: revenue $372 million, net income $186 million, EPS $1.79.

Period: the second quarter of 2023
Revenue: $372 million
Net income: $186 million
EPS: $1.79
Result: reported results

Exact text from the filing

Verisign, Inc. and its subsidiaries (“Verisign”) reported revenue of $372 million for the second quarter of 2023, up 5.7 percent from the same quarter in 2022. Operating income was $249 million for the second quarter of 2023, compared to $236 million for the same quarter of 2022. Verisign reported net income of $186 million and diluted earnings per share (diluted “EPS”) of $1.79 for the second quarter of 2023, compared to net income of $167 million and diluted EPS of $1.54 for the same quarter of 2022.

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Source: SEC EDGAR

accession 0001014473-23-000032

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