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VeriSign's (VRSN) first-quarter performance benefits from solid demand for its Internet infrastructure capabilities.
Internet services firm VeriSign reported a 5.5% rise in its first-quarter revenue on Thursday, helped by steady demand for domain name registrations as businesses beef up their online presence.
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Here, we take a sneak peek into how these internet stocks - OPRA, SNAP, GOOGL, VRSN, APPF and TEAM - are poised ahead of their earnings releases.
VeriSign's (VRSN) Q1 performance is likely to have gained from the expansion of its critical infrastructure and services. Soft domain name growth owing to declining demand from China is a concern.
The latest trading day saw VeriSign (VRSN) settling at $191.42, representing a +1.1% change from its previous close.
In the closing of the recent trading day, VeriSign (VRSN) stood at $189.10, denoting a +1.07% change from the preceding trading day.
VeriSign (VRSN) closed the most recent trading day at $191.17, moving -0.42% from the previous trading session.
The latest trading day saw VeriSign (VRSN) settling at $192.65, representing a +0.68% change from its previous close.
VeriSign (VRSN) closed at $195.23 in the latest trading session, marking a -0.03% move from the prior day.
VeriSign (VRSN) fourth-quarter domain name registrations increase 2.5% year over year.
VeriSign's (VRSN) fourth-quarter performance benefits from solid demand for domain name amid macroeconomic weakness.
VeriSign, Inc. (VRSN) Q4 2023 Earnings Call Transcript

VeriSign (VRSN) Q4 Earnings Surpass Estimates

06:16pm, Thursday, 08'th Feb 2024
VeriSign (VRSN) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.83 per share. This compares to earnings of $1.70 per share a year ago.
Verisign reported a 3% rise its fourth-quarter revenue on Thursday, beating market estimates, on strong demand for its internet services that include registering domain names.
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