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Jun 30, 2021

Verisign Q2 2021 Earnings Report

Verisign's Q2 2021 financial results were reported, showing revenue growth and a new milestone for internet infrastructure availability.

Key Takeaways

Verisign reported a revenue increase of 4.8% year-over-year, reaching $329 million in Q2 2021. Net income was $148 million, with diluted EPS at $1.31. The company also highlighted its 24th year of 100% availability in the .com/.net domain name resolution system.

Revenue increased by 4.8% compared to the same quarter in 2020, reaching $329 million.

Net income was reported at $148 million, with a diluted EPS of $1.31.

The company ended the quarter with 170.6 million .com and .net domain name registrations, a 5.2% increase year-over-year.

Verisign processed 11.7 million new domain name registrations for .com and .net.

Total Revenue
$329M
Previous year: $314M
+4.8%
EPS
$1.31
Previous year: $1.32
-0.8%
.com and .net domains
170.6M
Previous year: 162.1M
+5.2%
New .com and .net domains
11.7M
Previous year: 11.1M
+5.4%
Cash and Equivalents
$216M
Previous year: $307M
-29.4%
Free Cash Flow
$143M
Total Assets
$1.74B

Verisign

Verisign

Forward Guidance

Verisign does not provide specific forward guidance in this earnings report.