Verisign Reports Third Quarter 2020 Results

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Go back to Verisign Reports Third Quarter 2020 Results

Verisign Inc. (VRSN) Tops Q3 EPS by 24c, Revenues Beat

October 22, 2020 4:07 PM EDT

Verisign Inc. (NASDAQ: VRSN) reported Q3 EPS of $1.49, $0.24 better than the analyst estimate of $1.25. Revenue for the quarter came in at $318 million versus the consensus estimate of $316.14 million.

Financial Highlights

Verisign ended the third quarter of 2020 with cash, cash equivalents and marketable securities of $1.15 billion, a decrease of $68 million from the end of 2019.Cash flows from operating activities were $140 million for the third quarter of 2020,... More