Verisign Q3 revenue $391M (+3.8% YoY), EPS $2.07 vs $1.83; domain base declines 2.5%

VERISIGN INC/CA

Net income $201M, diluted EPS $2.07; operating income $269M vs $254M YoY.
Cash flow from operations $253M; deferred revenue $1.30B (+$53M since year-end).
Repurchased 1.7M shares for $301M; $1.28B remaining under buyback program.
.com/.net domain registrations 169.6M, down 2.5% YoY; net loss of 1.1M in Q3.
Renewal rate 72.7% (Q2 2024) vs 73.4% a year ago; new registrations 9.3M vs 9.9M.

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