28 Jul '16, 8pm

Verisign Reports: Revenue up 9%: Has Operating Margin of 61.5%

VeriSign, Inc. (VRSN ),today reported financial results for the second quarter of 2016. VeriSign, Inc. and subsidiaries (“Verisign”) reported revenue of $286 million for the second quarter of 2016, up 9.1% from the same quarter in 2015. Verisign reported net income of $113 million and diluted earnings per share (diluted “EPS”) of $0.87 for the second quarter of 2016, compared to net income of $93 million and diluted EPS of $0.70 for the same quarter in 2015. The operating margin was 61.5 percent for the second quarter of 2016 compared to 56.7 percent for the same quarter in 2015. Business Highlights Verisign Registry Services added 0.78 million net new names during the second quarter, ending with 143.2 million .com and .net domain names in the domain name base, which represents a 7.3% increase over the base at the end of the second quarter in 2015. In the second quarter, V...

Full article: http://www.thedomains.com/2016/07/28/verisign-reports-rev...

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via @TheDomains

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