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Dec 31, 2021
Verisign Q4 2021 Earnings Report
Verisign's Q4 2021 financial results were reported, showing increased revenue and net income compared to the same quarter in 2020.
Key Takeaways
Verisign reported a 6.3% increase in revenue, reaching $340 million for Q4 2021. Net income significantly increased to $330 million, with diluted EPS at $2.97, driven by a deferred income tax benefit.
Q4 revenue increased by 6.3% year-over-year, reaching $340 million.
Net income for Q4 was $330 million, with diluted EPS of $2.97.
The company ended the quarter with 173.4 million .com and .net domain name registrations, a 5.0% increase year-over-year.
Verisign processed 10.6 million new domain name registrations for .com and .net.
Verisign
Verisign
Forward Guidance
Verisign announces that it will increase the annual registry-level wholesale fee for each new and renewal .com domain name registration from $8.39 to $8.97, effective Sept. 1, 2022.