CapyFin

Loading...

CapyFin Real-time Earnings Reports.

X LinkedIn

Products

Earnings

Get in Touch

Contact Us
X (Twitter)
LinkedIn

Resources

Privacy Policy
Terms of Service
Sign Up
Sign In

Disclaimer: This platform provides information and recommendations for educational purposes only and is not a substitute for professional financial advice. Our content covers a range of investment classes, including stocks and cryptocurrencies, and we do not guarantee the completeness, accuracy, reliability, or suitability of this information, which may include data from third-party services and content generated by artificial intelligence (AI). Investing in stocks, cryptocurrencies, and other financial instruments involves risks, including the potential loss of principal. Users should independently verify all information and seek advice from qualified professionals tailored to their individual financial situations and investment objectives. Our content and services are provided "as is" without any warranties, express or implied. We are not liable for any losses or damages arising from the use of our services. This disclaimer is subject to change; users are advised to review it periodically. Usage of our services constitutes acceptance of these terms.

Verisign

🇺🇸 NASDAQ:VRSN

View Company

Overview Earnings Dividends

Feb 06

•

Dec 31, 2024

Verisign Q4 2024 Earnings Report

Verisign reported its financial results for the fourth quarter and full year ended December 31, 2024.

Key Takeaways

Verisign reported a 3.9% increase in revenue for Q4 2024 compared to the same quarter in 2023, reaching $395 million. Operating income also saw an increase, while net income and diluted EPS decreased due to a one-time tax benefit in the prior year.

Revenue for Q4 2024 increased by 3.9% to $395 million compared to Q4 2023.

Operating income for Q4 2024 was $264 million, up from $256 million in Q4 2023.

Net income for Q4 2024 was $191 million, with diluted EPS of $2.00, impacted by a tax benefit in Q4 2023.

Verisign repurchased 1.4 million shares of its common stock for $260 million during Q4 2024.

Total Revenue

$395M

Previous year: $380M

+3.8%

EPS

$2

Previous year: $1.92

+4.2%

Total domain base

169M

Previous year: 172.6M

-2.1%

New domain registrations

9.5M

Previous year: 9M

+5.6%

Domain renewal rate

72.2%

Previous year: 73.5%

-1.8%

Gross Profit

$347M

Previous year: $332M

+4.5%

Cash and Equivalents

$207M

Previous year: $240M

-13.9%

Free Cash Flow

$232M

Previous year: $199M

+16.5%

Total Assets

$1.41B

Previous year: $1.75B

-19.6%

Verisign

Forward Guidance

The report does not contain specific forward-looking guidance for future financial periods.

Company Overview

Full financial data and analysis

View Verisign