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Sep 30, 2022
Verisign Q3 2022 Earnings Report
Verisign's financial performance in Q3 2022 showed growth in revenue and net income.
Key Takeaways
Verisign reported a solid third quarter in 2022, with revenue increasing by 6.8% year-over-year to $357 million. Net income also rose to $169 million, with diluted EPS of $1.58. The company ended the quarter with $980 million in cash, cash equivalents, and marketable securities.
Revenue increased by 6.8% compared to the same quarter in 2021, reaching $357 million.
Net income grew to $169 million, with diluted EPS reaching $1.58.
The company's operating margin was 66.3% for the quarter.
Verisign processed 9.9 million new domain name registrations for .com and .net.
Forward Guidance
No forward guidance was provided in the press release.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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