08.02.2024 22:09:37 - dpa-AFX: Verisign Inc. Bottom Line Climbs In Q4, Beats estimates
MOUNTAIN VIEW (dpa-AFX) - Verisign Inc. (VRSN) announced a profit for its
fourth quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $264.7 million, or $2.60 per share. This
compares with $179.5 million, or $1.70 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $1.86 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 3.0% to $380.4 million from $369.2
million last year.
Verisign Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $264.7 Mln. vs. $179.5 Mln. last year.
-EPS (Q4): $2.60 vs. $1.70 last year.
-Analyst Estimate: $1.86
-Revenue (Q4): $380.4 Mln vs. $369.2 Mln last year.
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