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Verisign Inc. Q3 adjusted earnings Beat Estimates

Verisign Inc. (VRSN) revealed earnings for its third quarter that advanced from last year.

The company's earnings totaled $153.91 million, or $1.30 per share. This compares with $137.68 million, or $1.13 per share, in last year's third quarter.

Excluding items, Verisign Inc. reported adjusted earnings of $160.76 million or $1.36 per share for the period.

Analysts had expected the company to earn $1.31 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 0.9% to $308.42 million from $305.78 million last year.

Verisign Inc. earnings at a glance:

-Earnings (Q3): $160.76 Mln. vs. $150.88 Mln. last year.
-EPS (Q3): $1.36 vs. $1.23 last year.
-Analysts Estimate: $1.31
-Revenue (Q3): $308.42 Mln vs. $305.78 Mln last year.

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