Verisign, Inc. (NASDAQ: VRSN) Reports 10 percent Revenue Growth in 2010
Thursday, January 27, 2022 4:50 PM

Related Stories



VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world, has reported financial results for the third quarter ended September 30, 2010.

The company has reported Quarter GAAP Financial Results revenue of $173 million from continuing operations for the third quarter of 2010, up 2 percent from the prior quarter and up 10 percent from the same quarter in 2009.

VeriSign reported net income attributable to VeriSign, Inc. stockholders of $785 million and earnings per share attributable to VeriSign, Inc. stockholders of $4.48 on a diluted basis for the third quarter of 2010, reflecting a net gain of $737 million, net of tax of $244 million, on the sale of the Authentication Services business. This compared to net income attributable to VeriSign, Inc. stockholders of $54 million and earnings per share attributable to VeriSign, Inc. stockholders of $0.28 on a diluted basis in the same quarter in 2009. The operating margin was 34.4 percent for the third quarter of 2010 compared to 21.7 percent for the same quarter in 2009.

The company reported segment revenue for Naming Services of $172 million for the third quarter of 2010, up 3 percent from the prior quarter and up 11 percent from the same quarter in 2009.

VeriSign's quarter Non-GAAP financial results net income attributable to VeriSign, Inc. stockholders of $48 million and earnings per share attributable to VeriSign, Inc. stockholders of $0.27 on a diluted basis for the third quarter of 2010, compared to net income attributable to VeriSign, Inc. stockholders of $32 million and earnings per share attributable to VeriSign, Inc. stockholders of $0.16 on a diluted basis in the same quarter in 2009.

The shares of VeriSign, Inc. (NASDAQ: VRSN) are trading at $ 32.82 up 1.34 percent.
 

Sponsors

Symbol :

Advertisement

Market news:

  • Egypt's army promises no force against protesters Jan 31, 2022 09:52 PM

    • CAIRO - Egypt's military pledged not to fire on protesters in a sign that army support for President Hosni Mubarak may be unraveling on the eve of a major escalation - a push for a million people to take to the streets Tuesday to demand the authoritarian leader's ouster.
    • More than 10,000 people beat drums, played music and chanted slogans in Tahrir Square, which has become the epicenter of a week of protests demanding an end to Mubarak's three decades in power.
    • "He only needs a push!"
      • Boston Scientific to Launch Renegade® HI-FLO™ Fathom® Jan 31, 2022 09:33 PM

        Boston Scientific Corporation (NYSE: BSX) has announced that the U.S. Food and Drug Administration (FDA) has approved its Renegade® HI-FLO™ Fathom® Pre-Loaded System for selective access and delivery of diagnostic, embolic and therapeutic materials into the peripheral vasculature.

      • Judge: Obama's health overhaul unconstitutional Jan 31, 2022 09:30 PM

        • PENSACOLA, Fla. - A federal judge in Florida ruled Monday that President Barack Obama's entire health care overhaul law is unconstitutional, placing even noncontroversial provisions under a cloud in a broad challenge that seems certain to be resolved only by the Supreme Court.
        • Faced with a major legal setback, the White House called the ruling by U.S. District Judge Roger Vinson - in a challenge to the law by 26 of the nation's 50 states - "a plain case of judicial overreaching."
        • Two judges had previously upheld the law, both Democratic appointees.
          • WH: Ambassador Huntsman to leave China post Jan 31, 2022 09:01 PM

            • WASHINGTON - U.S. ambassador to China Jon Huntsman, a Republican with potential presidential ambitions, submitted a letter of resignation to the White House on Monday announcing he intends to leave the post April 30, a senior administration official said.
            • Earlier Monday, White House spokesman Robert Gibbs said Huntsman had informed officials of his desire to end his diplomatic assignment.
            • But Gibbs said the White House had no indications that Huntsman would seek to run against the president.
              • Cyclone roars toward Australia's flooded north Jan 31, 2022 09:01 PM

                • SYDNEY - A strong tropical cyclone roaring toward Australia's flood-ravaged northeast will likely cause powerful and deadly flash-flooding, officials warned Tuesday, as residents braced for what's predicted to be one of the fiercest storms the region has ever seen.
                • It was expected to hit the coast Wednesday as a violent Category 4 storm with wind gusts up to 155 mph (250 kph), dumping up to three feet (one meter) of rain on communities already saturated from months of flooding.
                • "I know many of us will feel that Queensland has already borne about as much as we can bear when it comes to disasters and storms, but more is being asked of us - and I am confident that we are able to rise to this next challenge."

                  More news


Advertisement

    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
XXXXXXXXXX NFLX$0.71
ABN SkateNFC AMZN$0.88
XXXXXXXXXX AKAM$0.28
XXXXXXXXXX LVS$0.38
ASAS BAC$0.19
danPersonal BAC$0.19
samXXXXX JCI$0.54
brobbrinc INTC$0.53
brobbrinc RIMM$1.64
XXXXXXXXXX CWEI$1.27