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Verisign Inc. Q4 adjusted earnings Beat Estimates

Verisign Inc. (VRSN) announced a profit for its fourth quarter that advanced from last year.

The company's earnings came in at $182.19 million, or $1.50 per share. This compares with $102.84 million, or $0.83 per share, in last year's fourth quarter.

Excluding items, Verisign Inc. reported adjusted earnings of $191.10 million or $1.58 per share for the period.

Analysts had expected the company to earn $1.21 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.0% to $307.45 million from $295.50 million last year.

Verisign Inc. earnings at a glance:

-Earnings (Q4): $191.10 Mln. vs. $119.07 Mln. last year.
-EPS (Q4): $1.58 vs. $0.96 last year.
-Analysts Estimate: $1.21
-Revenue (Q4): $307.45 Mln vs. $295.50 Mln last year.

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