secwatch.observer — SEC 8-K summary
======================================

Issuer:     VERISIGN INC/CA (VRSN)
CIK:        0001014473
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001014473-24-000002
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VeriSign Q4 revenue $380M (+3% YoY), EPS $2.60; .com fee to rise to $10.26 in Sept 2024
--------------------------------------------------------------------------------

- Q4 revenue $380M (+3.0% YoY), operating income $256M, net income $265M ($2.60 diluted EPS, includes $0.68 tax benefit).
- Full year 2023 revenue $1.49B (+4.8% YoY), operating income $1.00B, net income $818M ($7.90 diluted EPS).
- .com/.net domain base 172.7M (-0.6% YoY); Q4 new registrations 9.0M (vs 9.7M); renewal rate 73.5%.
- Annual .com registry fee to increase from $9.59 to $10.26 effective Sept. 1, 2024.
- Share repurchases: 1.1M shares for $223M in Q4; $1.12B remaining under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014473/000101447324000002/0001014473-24-000002-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014473/000101447324000002/vrsn-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001014473-24-000002

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer