secwatch.observer — SEC 8-K summary
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Issuer:     VERISIGN INC/CA (VRSN)
CIK:        0001014473
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0001014473-24-000039
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1014473/000101447324000039/0001014473-24-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1014473/000101447324000039/vrsn-20241024.htm
  HTML page:      https://secwatch.observer/filing/0001014473-24-000039

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