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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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
VERISIGN INC. DL-,001 911090 Frankfurt 156,050 15.05.24 09:59:02 +0,350 +0,22% 153,700 159,750 156,150 155,700

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