secwatch.observer — SEC 8-K summary
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Issuer:     VERISIGN INC/CA (VRSN)
CIK:        0001014473
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001014473-24-000032
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VeriSign Q2 revenue up 4.1% to $387M; EPS $2.01; board authorizes additional $1.11B buyback
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- Revenue $387M (+4.1% YoY); operating income $266M; net income $199M; diluted EPS $2.01 (vs $1.79).
- .com/.net domain base 170.6M, down 2.2% YoY; renewal rate 74.1% (vs 75.5%).
- Q2 share repurchases: 2.2M shares for $388M; total buyback authorization increased to $1.5B with no expiration.
- Cash flow from operations $160M (vs $145M); deferred revenue $1.29B, up $43M from year-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014473/000101447324000032/0001014473-24-000032-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014473/000101447324000032/vrsn-20240725.htm
  HTML page:      https://secwatch.observer/filing/0001014473-24-000032

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