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Sep 30, 2023
Verisign Q3 2023 Earnings Report
Verisign's Q3 2023 earnings reflected a solid financial performance with increased revenue and net income compared to the same quarter last year.
Key Takeaways
Verisign reported Q3 2023 revenue of $376 million, a 5.4% increase year-over-year. Net income rose to $188 million, with diluted EPS reaching $1.83. The company focused on long-term value creation and shareholder returns through expense management and capital allocation.
Revenue increased by 5.4% to $376 million compared to Q3 2022.
Net income increased to $188 million, and diluted EPS was $1.83.
Operating income was $254 million, up from $237 million in the same quarter last year.
Ended the quarter with 173.9 million .com and .net domain name registrations.
Verisign
Verisign
Forward Guidance
No specific forward guidance was provided in the press release.