Verisign Reports First Quarter 2020 Results

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Go back to Verisign Reports First Quarter 2020 Results

Verisign Inc. (VRSN) Tops Q1 EPS by $1.58, Revenues Beat

April 23, 2020 4:08 PM EDT

Verisign Inc. (NASDAQ: VRSN) reported Q1 EPS of $2.86, $1.58 better than the analyst estimate of $1.28. Revenue for the quarter came in at $313 million versus the consensus estimate of $309.25 million.

During the COVID-19 crisis, we are taking a number of steps to support small businesses and our local communities. Within Verisign, we remain focused on the health and welfare of our employees and our primary mission, which is the secure and reliable operation of critical internet infrastructure, said Jim Bidzos, Executive Chairman and Chief Executive Officer.

Financial Highlights

Verisign ended the first quarter of 2020 with cash,... More