Verisign Reports First Quarter 2020 Results
VeriSign, Inc. (VRSN)
Last verisign, inc. earnings: 4/23 04:05 pm
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US:NASDAQ Investor Relations:
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Source: Business Wire
RESTON, Va.--(BUSINESS WIRE)--VeriSign, Inc. (NASDAQ: VRSN), a global provider of domain name registry services and internet infrastructure, today reported financial results for the first quarter of 2020.VeriSign, Inc. and its subsidiaries (“Verisign”) reported revenue of $313 million for the first quarter of 2020, up 2.0 percent from the same quarter in 2019. Verisign reported net income of $334 million and diluted earnings per share (diluted “EPS”) of $2.86 for the first quarter of 2020, compared to net income of $163 million and diluted EPS of $1.35 for the same quarter in 2019. The operating margin was 66.0 percent for the first quarter of 2020 compared to 65.4 percent for the same quarter in 2019.Net income for the first quarter of 2020 included the recognition of $168 million of previously unrecognized income tax benefits. This resulted from remeasurement of Verisign’s accrual for uncertain tax positions based on IRS written confirmation indicating no examination adjustment
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News
- VeriSign (NASDAQ:VRSN) had its price target raised by analysts at JPMorgan Chase & Co. from $270.00 to $271.00. They now have a "neutral" rating on the stock.MarketBeat
- Verisign to Report Fourth Quarter and Full Year 2025 Financial ResultsBusiness Wire
- VeriSign (NASDAQ:VRSN) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating.MarketBeat
- Is GoDaddy Stock Underperforming the S&P 500? [Yahoo! Finance]Yahoo! Finance
- VeriSign (NASDAQ:VRSN) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
VRSN
Sec Filings
- 1/16/26 - Form 4
- 1/15/26 - Form 4
- 1/14/26 - Form 4
- VRSN's page on the SEC website