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Dec 31, 2023
Verisign Q4 2023 Earnings Report
Verisign's Q4 2023 financial results were reported, showcasing revenue growth and solid financial performance.
Key Takeaways
Verisign reported a 3.0% increase in revenue to $380 million for Q4 2023. Net income for the quarter was $265 million, with diluted EPS of $2.60. The results included income tax benefits of $69.3 million, which increased diluted EPS by $0.68.
Revenue increased by 3.0% compared to the same quarter in 2022, reaching $380 million.
Net income was $265 million, which included $69.3 million in income tax benefits.
Diluted earnings per share (EPS) reached $2.60, including a $0.68 benefit from income tax adjustments.
The company ended the quarter with 172.7 million .com and .net domain name registrations.
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 $9.59 to $10.26, effective Sept. 1, 2024.