Verisign (NASDAQ: VRSN) reported earnings today after the close for Q4 2018 and full year results. They reported revenue of $307 million for the fourth quarter of 2018, up 4.0 percent from the same quarter in 2017. Verisign reported net income of $182 million and diluted earnings per share (diluted “EPS”) of $1.50 for the fourth quarter of 2018, compared to net income of $103 million and … [Read more...]
Hemp tops list for .com and .net in Verisign’s December Trending Keywords.
Verisign released their trending keywords in .com and .net for December. Hemp topped the list for both .com and .net, usually one keyword doesn't take the top spot in … [Read more...]
Verisign DNIB for Q3: Internet Grows to 342.4 Million Domain Name Registrations
Verisign released their DNIB report for the third quarter of 2018. Q3 2018 closed with approximately 342.4 million domain name registrations across all top-level domains (TLDs), an increase of approximately 2.6 million domain name registrations, or 0.8 percent, compared to the second quarter of 2018. .com and .net TLDs had a combined total of approximately 151.7 million domain … [Read more...]
VeriSign’s potential long term goal
Mike and I were discussing the VeriSign blog post today and the subsequent outrage in the domain investor community. Mike might be onto something though, these were his takes about the post, the disparaging language of calling some of your biggest customers "scalpers." and the long game for Verisign. The long game for VeriSign is about removing price caps, while these increases are nice, … [Read more...]
Without domain speculators VeriSign’s profit outlook would look a lot different
Reading the blog post by Jeannie McPherson VeriSign's Director of Product Management, Social Media and Mobile Applications, one has to wonder if she understands the business of domain names. Ms. McPherson doesn't like that TurnCommerce the company behind HugeDomains, DropCatch and NameBright is lobbying Congress And yet, TurnCommerce has been actively lobbying our government to freeze the … [Read more...]
Wall Street is showing Verisign a lot of love today
With the news of Verisign (NASDAQ: VRSN) getting the ok to raise prices on .com shares are taking off today. The stock is currently up close to 30 points. Here is the statement from the NTIA NTIA and Verisign have agreed to extend and modify the Cooperative Agreement. These modifications are in line with policy priorities of the Trump Administration. The changes create a new commitment … [Read more...]
Verisign reports earnings, com/net renewals were 75% in Q2
Verisign reported earnings for third quarter 2018, revenue was $306 million for the third quarter of 2018, up 4.6 percent from the same quarter in 2017. Verisign reported net income of $138 million and diluted earnings per share (diluted “EPS”) of $1.13 for the third quarter of 2018, compared to net income of $115 million and diluted EPS of $0.93 for the same quarter in 2017. The operating … [Read more...]