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Dec 31, 2024
Verisign Q4 2024 Earnings Report
Expected Revenue:$394M
+4.3% YoY
Expected EPS:$2
+7.5% YoY
Key Takeaways
Verisign reported a revenue increase of 3.9% to $395 million in Q4 2024. Operating income rose to $264 million, but net income decreased to $191 million due to the recognition of income tax benefits in Q4 2023.
Revenue increased by 3.9% year-over-year, reaching $395 million.
Operating income grew to $264 million, compared to $256 million in the same quarter of the previous year.
Net income was $191 million, influenced by prior year income tax benefits.
The company repurchased 1.4 million shares of its common stock for $260 million during the quarter.
Verisign
Verisign
Forward Guidance
Verisign did not provide specific forward guidance in this earnings report.