VeriSign Q1 revenue $384M, EPS $1.92, up 5.5% and 13% YoY respectively

VERISIGN INC/CA

Revenue $384M (+5.5% YoY); operating income $259M vs $241M; net income $194M vs $179M.
Diluted EPS $1.92 vs $1.70 YoY; cash from operations $257M, roughly flat.
.com and .net domain base 172.5M, down 1.3% YoY; new registrations 9.5M vs 10.3M.
Repurchased 1.3M shares for $260M; $860M remaining under buyback program.
Ended quarter with $925M cash and marketable securities, down $2M from year-end.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

VERISIGN INC/CA reported first quarter of 2024 results: revenue $384 million, net income $194 million, EPS diluted EPS of $1.92.

Period: first quarter of 2024
Revenue: $384 million
Net income: $194 million
EPS: diluted EPS of $1.92
Result: reported results

Exact text from the filing

VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $384 million for the first quarter of 2024, up 5.5 percent from the same quarter in 2023. Operating income was $259 million for the first quarter of 2024, compared to $241 million for the same quarter of 2023. Verisign reported net income of $194 million and diluted earnings per share (diluted “EPS”) of $1.92 for the first quarter of 2024, compared to net income of $179 million and diluted EPS of $1.70 for the same quarter of 2023.

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VERISIGN INC/CA filing history →

Source: SEC EDGAR

accession 0001014473-24-000022

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