25 Apr '13, 8pm

Verisign Reports: 123 Million .Com/.Net Domains; Revenue up 15%; $1.6 Billion In Cash

VeriSign, Inc. (NASDAQ: VRSN), today reported financial results for the first quarter ended March 31, 2013 reported revenue of $236 million for the first quarter of 2013, up 15% from the same quarter in 2012. Verisign reported the quarter ended with 123.1 million .com/.net domain name registered a 5.5% increase year over year. Verisign reported net income of $85 million and diluted earnings per share (EPS) of $0.52 for the first 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 56.4 percent for the first quarter of 2013 compared to 48.1 percent for the same quarter in 2012. And of course that is without the guaranteed rate increases the Verisign enjoyed for the 6 year contract period that ended in 2012. Share of Verisign which rose 1.5% in its regular session where up as much as 7% in after...

Full article: http://www.thedomains.com/2013/04/25/verisign-reports-123...

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