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Verisign Inc. Q4 Earnings Climb

Verisign Inc. (VRSN) released a profit for its fourth quarter that advanced compared to the same period last year.

The company said its bottom line climbed to $119.07 million, or $0.96 per share. This was up from $115.25 million, or $0.92 per share, in last year's fourth quarter.

Analysts had expected the company to earn $0.97 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.2% to $295.50 million. This was up from $286.27 million last year.

Verisign Inc. earnings at a glance:

-Earnings (Q4): $119.07 Mln. vs. $115.25 Mln. last year.
-Earnings Growth (Y-o-Y): 3.3%
-EPS (Q4): $0.96 vs. $0.92 last year.
-EPS Growth (Y-o-Y): 4.3%
-Analysts Estimate: $0.97
-Revenue (Q4): $295.50 Mln vs. $286.27 Mln last year.
-Revenue Change (Y-o-Y): 3.2%

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

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