Verisign Inc. (VRSN) Tops Q2 EPS by 1c

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Verisign Reports Second Quarter 2016 Results

July 28, 2016 4:05 PM EDT

RESTON, Va.--(BUSINESS WIRE)-- VeriSign, Inc. (NASDAQ: VRSN), a global leader in domain names and internet security, today reported financial results for the second quarter of 2016.

Second Quarter GAAP Financial Results

VeriSign, Inc. and subsidiaries (Verisign) reported revenue of $286 million for the second quarter of 2016, up 9.1 percent from the same quarter in 2015. Verisign reported net income of $113 million and diluted earnings per share (diluted EPS) of $0.87 for the second quarter of 2016, compared to net income of $93 million and diluted EPS of $0.70 for the same quarter in 2015. The operating margin was 61.5... More