25 Jul '13, 8pm

Verisign: Ends 2Q With 124.3 Million .Com/.Net; Domain Revenue up 12% & $2 Billion In The Bank

VeriSign, Inc. (NASDAQ: VRSN), treported financial results for the second quarter ended June 30, 2013 after the market closed. As of the quater ending June 30 there were 124.3 million .com/.net domain names an increase of 4.9% VeriSign, Inc., and subsidiaries (“Verisign”) reported revenue of $239 million for the second quarter of 2013, up 12 percent from the same quarter in 2012. Verisign reported net income of $87 million and diluted earnings per share (EPS) of $0.55 for the second quarter of 2013, compared to net income of $68 million and diluted EPS of $0.42 in the same quarter in 2012. The operating margin was 55.2 percent for the second quarter of 2013 compared to 50.0 percent for the same quarter in 2012. .Com and .net renewal rate’s for the first quarter of 2013 was 73.2 percent compared with 73.9 percent for the first quarter of 2012 Financial Highlights Verisign e...

Full article: http://www.thedomains.com/2013/07/25/verisign-ends-2q-wit...

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