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Mar 31, 2021

Verisign Q1 2021 Earnings Report

Verisign's financial performance for Q1 2021 was reported, demonstrating growth in revenue and domain name registrations.

Key Takeaways

Verisign reported a revenue increase of 3.6% compared to the same quarter in 2020, reaching $324 million. The company's net income was $150 million with a diluted EPS of $1.33. The domain name base grew by 4.6% year-over-year, with a net increase of 2.80 million during the quarter.

Revenue increased by 3.6% year-over-year to $324 million.

Net income was reported at $150 million, with a diluted EPS of $1.33.

The .com and .net domain name base grew by 4.6% year-over-year, reaching 168.0 million registrations.

Verisign processed 11.6 million new domain name registrations for .com and .net.

Total Revenue
$324M
Previous year: $313M
+3.6%
EPS
$1.33
Previous year: $1.42
-6.3%
.com and .net domains
168M
Previous year: 160.7M
+4.5%
New .com and .net domains
11.6M
Previous year: 10M
+16.0%
Cash and Equivalents
$247M
Previous year: $499M
-50.5%

Verisign

Verisign