Verisign Inc. (VRSN) Tops Q1 EPS by 2c

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Verisign Reports First Quarter 2017 Results

April 27, 2017 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 first quarter of 2017.

First Quarter GAAP Financial Results

VeriSign, Inc. and subsidiaries (Verisign) reported revenue of $289 million for the first quarter of 2017, up 2.4 percent from the same quarter in 2016. Verisign reported net income of $116 million and diluted earnings per share (diluted EPS) of $0.94 for the first quarter of 2017, compared to net income of $107 million and diluted EPS of $0.82 for the same quarter in 2016. The operating margin was 60.7... More