MOUNTAIN VIEW (dpa-AFX) - Verisign Inc. (VRSN) announced earnings for its
first quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $194.1 million, or $1.92 per share. This
compares with $178.7 million, or $1.70 per share, in last year's first 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 5.5% to $384.3 million from $364.4
million last year.

Verisign Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $194.1 Mln. vs. $178.7 Mln. last year.
-EPS (Q1): $1.92 vs. $1.70 last year.
-Revenue (Q1): $384.3 Mln vs. $364.4 Mln last year.


Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX