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VeriSign revenues lift 3.6% to USD 342 mln in Q1

Friday 23 April 2021 | 11:21 CET | News
VeriSign reported first quarter revenues 3.6 percent higher year-on-year to USD 324 million. The net profit fell to USD 150 million or USD 1.33 per share, from 334 million and 2.86 per share the year before, when the company recognized USD 168 million or previously unrecognized income tax benefits. The profit figure was also off on a sequential basis, from the USD 157 million recorded in the fourth quarter. The operating margin for Q1 meanwhile slipped to 65.0 million from 66.0 million. The company's cash position increased by USD 14 million from the year earlier to USD 1.18 billion.

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Categories: Internet
Companies: VeriSign
Countries: World
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