VeriSign Q1 Earnings Review: Registrations From China Help Boost Revenues
VeriSign reported Q1 2016 earnings recently. The company fell short of consensus earnings estimates by one cent to post $0.82 for the quarter. Revenues were driven by nearly 10 million new domain name registrations in the quarter. Registrations were seen across the globe, both from developed and emerging markets. Activity from China greatly exceeded expectations this time around. However, the company expects activity from the region to normalize in the coming quarters.
- Despite 40% Rise This Year Is Akamai Stock A Better Pick Than VeriSign?
- Is FirstEnergy A Better Pick Than Verisign Stock?
- How Has VeriSign Stock Performed During The 2022-23 Inflation Shock?
- What’s Next For VeriSign Stock After A 20% Fall Since 2021?
- Forecast Of The Day: Verisign’s Number Of Domain Registrations
- Verisign Stock Has Underperformed Despite Steady Sales Growth – Here’s Why
Notes:
View Interactive Institutional Research (Powered by Trefis):
Global Large Cap | U.S. Mid & Small Cap | European Large & Mid Cap
More Trefis Research