Earnings Alerts

Verisign Inc (VRSN) Earnings: Q4 Revenue Aligns with Estimates at $395.4M

By February 7, 2025 No Comments
  • VeriSign’s revenue for the fourth quarter reached $395.4 million, marking a 3.9% increase compared to the same quarter last year.
  • The revenue aligns closely with the analysts’ estimates of $395 million.
  • Earnings per share (EPS) for the quarter were reported at $2.00, which is a decline from the $2.60 reported in the previous year.
  • Analyst recommendations for VeriSign include 2 buys, 1 hold, and 1 sell.

Verisign Inc on Smartkarma

Verisign Inc., a global provider of domain name registry services and internet infrastructure, has recently been covered by Baptista Research on the independent investment research network, Smartkarma. The report titled “Verisign Inc.: Enhancement of Registrar Collaboration Programs & Key Major Management Actions Driving Growth! – Major Drivers” highlights the company’s financial and operational results for the third quarter of 2024. The analysis emphasizes Verisign’s commitment to maintaining a critical role in internet infrastructure while addressing challenges and strategic maneuvers that impact the company’s outlook and performance metrics.


A look at Verisign Inc Smart Scores

FactorScoreMagnitude
Value0
Dividend1
Growth4
Resilience5
Momentum4
OVERALL SMART SCORE2.8

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

VeriSign Inc, a company specializing in domain names and Internet security, has a positive long-term outlook based on the Smartkarma Smart Scores analysis. With high scores in Growth (4) and Resilience (5), the company is positioned well for future expansion and is considered highly stable in the face of challenges. This indicates that VeriSign is expected to experience continued growth and maintain a strong position in the market over the long term.

Although VeriSign does not score well in terms of Value (0) and Dividend (1), the strong Momentum score (4) suggests that the company is currently on a positive trajectory. With a core focus on providing secure and reliable online connections, VeriSign’s strategic emphasis on Internet infrastructure and security services aligns with the evolving digital landscape, showing promising prospects for sustained success in the future.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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