VeriSign Earnings inline, Revenue Beats In Q2
2022.07.29 02:10
VeriSign Earnings inline, Revenue Beats In Q2
Investing.com – VeriSign (NASDAQ:VRSN) reported on Thursday second quarter earnings that matched analysts’ forecasts and revenue that topped expectations.
VeriSign announced earnings per share of $1.54 on revenue of $351.9M. Analysts polled by Investing.com anticipated EPS of $1.54 on revenue of $348.39M.
VeriSign shares are down 41.15% from the beginning of the year, still down 28.98% from its 52 week high of $257.03 set on December 30, 2021. They are under-performing the Nasdaq which is down 22.26% from the start of the year.
VeriSign shares lost 1.39% in after-hours trade following the report.
VeriSign follows other major Information Technology sector earnings this month
VeriSign’s report follows an earnings beat by Apple on Thursday, who reported EPS of $1.2 on revenue of $82.96B, compared to forecasts EPS of $1.16 on revenue of $82.59B.
Microsoft had missed expectations on Tuesday with fourth quarter EPS of $2.23 on revenue of $51.87B, compared to forecast for EPS of $2.29 on revenue of $52.43B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
