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

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Verisign Reports First Quarter 2022 Results

April 28, 2022 4:05 PM EDT

RESTON, Va.--(BUSINESS WIRE)-- VeriSign, Inc. (NASDAQ: VRSN), a global provider of domain name registry services and internet infrastructure, today reported financial results for the first quarter of 2022.

VeriSign, Inc. and its subsidiaries (Verisign) reported revenue of $347 million for the first quarter of 2022, up 7.2 percent from the same quarter in 2021. Verisign reported net income of $158 million and diluted earnings per share (diluted EPS) of $1.43 for the first quarter of 2022, compared to net income of $150 million and diluted EPS of $1.33 for the same quarter of 2021. The operating margin was 64.8 percent for the first quarter... More