Verisign Inc. (NASDAQ: VRSN) reported Q3 EPS of $0.93, $0.04 worse than the analyst estimate of $0.97. Revenue for the quarter came in at $292.43 million versus the consensus estimate of $291.71 million.

Financial Highlights

• Verisign ended the third quarter with cash, cash equivalents and marketable securities of $2.4 billion, an increase of $568 million from year-end 2016.
• Cash flow from operations was $175 million for the third quarter of 2017, compared with $171 million for the same quarter in 2016.
• Deferred revenues on Sept. 30, 2017, totaled $1.01 billion, an increase of $31 million from year-end 2016.
• During the third quarter, Verisign repurchased 1.5 million shares of its common stock for $147 million. At Sept. 30, 2017, $622 million remained available and authorized under the current share repurchase program which has no expiration.
• For purposes of calculating diluted EPS, the third quarter diluted share count included 24.0 million shares related to subordinated convertible debentures, compared with 20.8 million shares for the same quarter in 2016. These represent dilutive shares and not shares that have been issued.

For earnings history and earnings-related data on Verisign Inc. (VRSN) click here.