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Dec 31, 2019
Verisign Q4 2019 Earnings Report
Verisign's Q4 2019 results were released, showing slight revenue growth and decreased net income compared to the same quarter last year.
Key Takeaways
Verisign reported Q4 2019 revenue of $311 million, a 1.0% increase year-over-year. Net income was $148 million, with diluted EPS of $1.26. The company ended the year with $1.22 billion in cash, cash equivalents, and marketable securities.
Revenue increased by 1.0% compared to Q4 2018, reaching $311 million.
Net income decreased to $148 million, with diluted EPS at $1.26.
The company repurchased 1.0 million shares of its common stock for $195 million during the quarter.
Verisign ended the quarter with 158.8 million .com and .net domain name registrations, a 3.9% increase year-over-year.