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Sep 30, 2020
Verisign Q3 2020 Earnings Report
Verisign's financial performance increased in revenue and net income compared to the same quarter last year.
Key Takeaways
Verisign reported revenue of $318 million, a 3.1 percent increase from the same quarter in 2019. Net income was $171 million, and diluted earnings per share were $1.49.
Revenue increased by 3.1 percent year-over-year, reaching $318 million.
Net income increased to $171 million, with diluted EPS of $1.49.
The company ended the quarter with 163.7 million .com and .net domain name registrations, a 4.0 percent increase year-over-year.
Verisign processed 10.9 million new domain name registrations for .com and .net, compared to 9.9 million for the same quarter in 2019.
Verisign
Verisign
Forward Guidance
No forward guidance was provided in the press release.