VeriSign Inc. (VRSN) posted fourth quarter net income of $92 million or $0.48 per share, compared to a loss of $96 million or $0.50 per share in the same quarter last year. Non-GAAP net income for the quarter was $59 million or $0.31 per share, compared to $54 million or $0.28 per share in last year quarter.
On average, eighteen analysts polled by Thomson Reuters expected the company to report earnings of $0.34 per share. Analysts' estimates typically exclude special items.
Revenue for the period was $263 million, compared to $249 million in the same quarter last year. Eighteen Wall Street analysts expected revenues of $260.73 million.
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