LOGO
LOGO

VeriSign Turns To Profit In Q3 - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

VeriSign Inc. (VRSN) reported GAAP net income attributable to the company and subsidiaries of $54 million or $0.28 per share for the third quarter, compared to a loss of $201 million or $1.03 per share in the prior year quarter.

On a non-GAAP basis, net income attributable to VeriSign and subsidiaries was $64 million or $0.33 per share for the latest quarter.

Revenues for the third quarter increased to $258.0 million from $245.9 million in the previous year quarter.

Analysts polled by Thomson Reuters expected the company to report earnings of $0.32 per share on revenue of $258.79 million for the quarter. Analysts' estimates typically exclude special items.

For comments and feedback contact: editorial@rttnews.com

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

RELATED NEWS