VeriSign Q3 revenue $376M (+5.4%), EPS $1.83 vs $1.58 YoY, domain registrations flat

VERISIGN INC/CA

Revenue $376M, up 5.4% YoY; operating income $254M vs $237M YoY.
Net income $188M, diluted EPS $1.83 vs $1.58 YoY.
Cash flow from operations $245M; ended quarter with $943M cash and marketable securities.
Repurchased 1.1M shares for $220M; $1.34B remaining under buyback program.
.com and .net domain base 173.9M, down 0.1% YoY; renewal rate 73.4% vs 73.8%.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.99

VERISIGN INC/CA reported third quarter of 2023 results: revenue $376 million, net income $188 million, EPS $1.83.

Period: third quarter of 2023
Revenue: $376 million
Net income: $188 million
EPS: $1.83
Result: reported results

Exact text from the filing

reported revenue of $376 million for the third quarter of 2023, up 5.4 percent from the same quarter in 2022. Operating income was $254 million for the third quarter of 2023, compared to $237 million for the same quarter of 2022. Verisign reported net income of $188 million and diluted earnings per share (diluted “EPS”) of $1.83 for the third quarter of 2023

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Source: SEC EDGAR

accession 0001014473-23-000037

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