23 Apr '15, 8pm

Verisign Reports: Revenue up 4%; .Com/.Net Increase 3.1%: Has 1.9 Billion In The Bank via @domain…

VeriSign, Inc. (VRSN ) , today reported financial results for the first quarter of 2015 after the market closed. Verisign Registry Services added 1.51 million net new names during the first quarter, ending with 133.0 million .com and .net domain names in the domain name base, which represents a 3.1% increase over the base at the end of the first quarter in 2014, as calculated including domain names on hold for both periods. In the first quarter, Verisign processed 8.7 million new domain name registrations for .com and .net, as compared to 8.6 million for the same period in 2014. The final .com and .net renewal rate for the fourth quarter of 2014 was 72.5 percent compared with 72.2 percent for the same quarter in 2014. Renewal rates are not fully measurable until 45 days after the end of the quarter. VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $258 mill...

Full article: http://www.thedomains.com/2015/04/23/verisign-reports-rev...

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