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Verisign Inc. (VRSN) Tops Q3 EPS by 3c, Slight Beat on Revenues

October 25, 2018 4:07 PM

Verisign Inc. (NASDAQ: VRSN) reported Q3 EPS of $1.23, $0.03 better than the analyst estimate of $1.20. Revenue for the quarter came in at $305.77 million versus the consensus estimate of $305.38 million.

“The continued dedication of our teams to protecting and managing our business has yielded another solid quarter,” said Jim Bidzos, Executive Chairman, President and Chief Executive Officer.

In commenting on the transaction, Jim Bidzos added: “Verisign is committed to focusing on its core mission of providing critical internet infrastructure, including Root Zone management, operation of 2 of the 13 global internet root servers, operation of .gov and .edu, and authoritative resolution for the .com and .net top-level domains, which support the majority of global e-commerce. For this reason, Verisign is transitioning its Security Services customers to Neustar.”

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

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