- VeriSign Inc VRSN reported second-quarter FY21 revenue growth of 4.8% year-on-year to $329.41 million, beating the analyst consensus of $327.95 million.
- The .com and .net domain name registrations in the domain name base improved 5.2% Y/Y to 170.6 million.
- The operating margin contracted 110 basis points to 64.7%.
- The EPS of $1.31 missed the analyst consensus of $1.32.
- VeriSign generated $143 million in operating cash flow.
- It held $225.43 million in cash, cash equivalents, and restricted cash at the end of the period.
- The company repurchased shares worth $172 million.
- Price action: VRSN shares closed up 1.48% at $233.53 on Thursday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
